gold, page-3391

excellent post chadshare. this is precisely at back of what is driving the 'counter' wave narrative that was behind my view gold price would weaken and weaken more deeply - while not breaking the uptrend.

Bloomberg ran a front page story 2 weeks ago calling for return of gold standard. Nothing would stir economists more toward ensuring they succeed in getting out of this slump on their own terms,

coincidentally we then got huge US resi data + stronger German export data.

g7/20 want US to lead the world out of deflation by driving rate rises - but China dont want them to move.

i think US will definitely raise rates= in June unless jobs is really bad on wage inflation. i dont think job nos is the key metric anymore

but on the other side china will devalue and US will veer close or into a recession unless real corporate sales starts to lift significantly . not just artificially inflated EPS

wave and refraction...