"Gold's looking the best it has for a while"
Gold's been in a bear market for 8 years in case you haven't noticed, it was $1,900 8 years ago.
Those very clever Russians have not only lost a bundle on gold, been duped out of millions of dollars at the central bank, but they've also lost heaps by selling US Treasuries last year.
You call my rationale flawed, but ever since I've been here I've been hearing about the collapse of the monetary system, which is a load of bollocks.
This chart is of the US 10 year treasuries, an inverse chart, investors make money when the interest rates decline.
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