gold, page-346

The reason I expected this to happen is because the banks got caught, to say it's normal. The only way it's going to break the cycle is if it can decouple from DXY and start trading less like a currency.

It's also got psychological ramifications as to deter newer PM investors with the once bitten twice shy deal. When it does start its real run those newbies will sit their ball watching while Goldman Shucks loads the truck.

One thing the central banks can't do is create consumption.
This is a currency war plain and simple so while gold trades like a currency expect more of the same.
One thing that we should realise is that sooooooooo much money has been created they can control any market.
I really don't buy this commodity resurrection. Hiking prices now will suck to much money from consumers and maybe the trigger. This obsession with inflation may cause an oversight and they make a mistake and set the wheels in motion but I think the US is waiting for someone else to fold so they have an excuse to blame it on.

If Trump becomes president this could be good for gold.