Pretty amazing downward push by the World banks, I have to admit I did not think we would get another chance to top up below $1800. This will test the metal of some longs. I personally have the same opinion that I had 12 months ago, the world economies are getting closer to the debt cliff and gold will do what it has done for thousands of years. The BIS will defend fiat for as long as they can, but they are fighting a losing battle, printing money is slowly drowning the establishment.
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