central banks are still net buyers, and so is china.
are they not 'big players'?
gold is known for volatility $100 up, $100 down is no big deal at these levels. at these prices $100 swings are like $10-$15 swings when gold was $300. lol.
funny thing is the dow shed 3%,4%,5% in separate days barely two weeks ago, yet less fuss was made compared to big bad gold going down a few percent.
you study your charts all you want. i sleep like a baby at night because i don't need to look at charts and the price of gold every 5 minutes. i know it's trajectory over the next few years and "the now" doesn't really matter unless you are a short-term player.
i just look at the world around me and this crippled and dysfunctional beast called the financial system/economy. that tells me all i need to know about where gold is now, and where it is headed.
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