the central banks I feel are 'holding' it (POG) down as it is the canary in the 'gold' mine.
What I mean is, that the general public will realise once Gold gets a giddy up that things are not under control at all, the game is up and nothing printed is really worth anything.
Knowing they can make a motza on any panic, the central banks who will be holding massive amounts of physical gold, (remember, they are already accumulating) will stop using it to manipulate price down, but sell it to eager 'infestors; (sic) at the best position they can. By that time the gloves have come off and its currency/gold wars...
only my opinion.
When the realisation that the mountains of debt are not going to be paid and all the paper has been printed in yet another failed stimulation, then the public who still have anything left to invest wil be fleeced again, in the greatest Gold bubble sell off, we got a long way to go up yet fella's but dont forget the jump off point
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