easy back to $2 ps, page-11

Regardless of the results later this week I wouldn't be topping up just yet as I think we will see a little more downside. I still find it hard to believe we have an SP hovering around 90c and likely to slide for some time. I look back at the September non taper result. Huge gain followed by talk 2 days later of a taper "coming" which has steadily pushed the price of gold down. I have come to realise regardless if you think we will see a taper or not it is not going change the sentiment on gold. It will continue to fall until we either see tapering start (unlikely this month) or an increase in qe. Buying now is a dangerous game. I