Finding reasons for the movement in the price of gold is futile.
Gold prices are rigged.
It is a giant slot machine.
for there to be winners there has to be even more loosers.
How can gold get to $1900 or drop to $1050 when the economies of world are basket cases.
There are no real answers.
But for gold to survive as a currency it has to attract punters (investors).
If gold is continually held down in face of the state of affairs then who would be interested in good times.
This is a bull market that could last 7 years but only as long as the house makes money.
A little blip of $20 has posters here heading in al directions.
My advice is to man up. Dont look for reasons for why the POG drops, Just be prepared for when it happens.
There will be no straight line especially once it hits $1500. Ride it when it runs and lighten your holdings before the dips.
Cheers
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