Based on that chart there is no reason to believe why we shouldn't shoot right through the top line based on what happened in the mid to late 70s!.
I have come to the conclusion that gold is not that much chop - it isnt used to back currencies any more, and has limited industrial use.
As for Buy now - I am right with the programme. The US will win this war and quickly. Markets will run once we are over. This doom and gloom is unwarranted. The Euopean bloc inc France/Germany& Russia dont really have the nationalism to drive a real world war based on currency similar to WW2 - and even if this was inevitable it would take many years to crystalise.
