gold, page-86105

Agree, At this point in time nobody called it correctly.V, W, K, U style recoveries were all touted by many experts. It's just a mixed bag recently of licorice allsorts IMO. There are just so many factors forcing daily movements in either direction. Just look at Tesla recently pushed up on hype. When Tesla did not deliver on the hype, it got smashed down 20% in 2 days with more to come. ATM I think that everything is in decline as DOW, Nasdaq, FTSE, DAX etc have all fallen out of their uptrends. So a bit of turmoil for the short term.

I believe that gold has suffered the same fate peaking and retreating since. Central banks will still need to hold gold while all this stimulus happens. IMO when/if Trump gets back in he will rachet up his attacks on China and once again gold will shine again as the insecurity of global trade conflicts arise.