The most relevant situation to the price of gold is that it is rigged.So is everything else.
The most relevant question regarding the price of gold is,will the criminals loose control this year.
The western central banks/governments will fight to the bitter end to hold gold down because gold is anti establishment.
It cannot be printed but it has become seriously fractionalised at monstrous levels.
The western criminals will fight to hold the price down because the enemy (Russia/China) have the physical gold while the criminals have the paper.
The western financial system is crumbling and has been for many moons now.
I believe that when gold finally breaks its shackles the bond market will break in the other direction.
Then it is game on.
What we are about to face is historical in nature.
The year ahead would appear to be looking a tad chaotic.
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