Maybe got nothing to do with Middle East circus. Suddenly the Ukraine show is to boring to report. Maybe the gold price run might have something to do with how many banks are going arse up in USA.
think logically the stink in Middle East should cause the yellow metal to fall as cashing in gold will free up cash to buy bullets. thus more gold on market.
however gold is a tier one asset for colleteral in the banking system and with all those banks out there going bust it is a good time to own a tier one asset
delete all other news events other than periods of banking instability and plot on a chart and one now has a new charting tool to predict major movement in the gold price
Beacon Minerals update from Graham McGarry, page-32
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