The market makers cannot have golds price trajectory continuing skywards.
Commentators start talking recessions, safe havens etc etc which then feeds on insecurities of the sheeple. But the sheeple are not stupid with retail sales worldwide hitting the wall - they are starting to realise things are not great and keeping interest rate cuts for their overblown mortgages.
Those without mortgages get little return so tighten the belt.
Spot on Leonars - where does all this money go - to continued market "play" not productive assets.
It is going to come back and bite the world economy hard as the big R word enters the mindless daily media's lexicon... - we await
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