Exactly, gold is being market to market by the east now that US Treasuries are no longer Good as Gold For Oil (GAGFO)
$3000 USD is the setup this year and then we'll see.
Crimex has lost control and it's all heading to Shanghai.
The run on the physical market is on with limit up being enacted on the Eastern Exchanges tonight.
The disconnect will reconnect when those asleep at the wheel wake up.
UST's are now the risk on asset, watch the funds exot when they figure this out.
Monetary hedges are the safe haven and need to reprice. Truly historic times.
Anyone with a pip clipping mentality may want to reconsider that strategy.
Ann: DFS on 3.04Moz KGP on track for delivery next quarter, page-286
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