Gold cracked the US $1250 barrier tonight, hit $1261. Mostly due to the devaluation of the Euro against the Swiss.
If this level hold then this is it guys... Gold could revisit the US$1,350 level over the next few weeks and that would drive SLR through 33c- 40c easily... We can thanks the Swiss central bank for this . My simple rule is when I see a 50% profit then happy to take it.. Leave some behind for the next punters. G'luck