Thank You, Bruce for your explanation.
Personally, I am not a Gold Bug. I trade the cycles of sectors in vouge. Currently, many see Gold/Silver as a safe haven from cash and this creates speculative interest in Gold. The Fed has devalue the USD with it's stupidity and will try to use it's might and power to prop it up at the expense of Oil & Gold. This is well timed, prior to the interest rate cut we are getting on the 11th. They know if nothing was done, Gold would be well on it's way to $1000.
Thanks again for your reply.
Cheers, Tex
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