It's called a "shake out" mate. The one who is driving the world's business at this time is Trump (& the business being done seems to be military hardware - despite Trump stating he wants peace everywhere). On the one hand he is doing business with the devil (think Syria) but on the other he is allowing Israel to commit such chunderous and revolting crimes to their next door neighbour. It is simply disgusting.
The geopolitical situation MAY look like it is quietening down - hence the drop in the gold price but I think this is just a distraction. Gold is a monetary metal and the monetary authorities are still buying hand over fist!! It is the monetary side of things which will determine where the price ultimately goes and that is a big reason why I am holding for the foreseeable future. The FIAT system is clearly on its last legs - there is not much purchasing power left and (IMO) they will have to reset it somehow. That will involve getting the public to have confidence in it and that is what the gold is for.
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