I don't know anything about commodities or resources---not a lot...

I don't know anything about commodities or resources---not a lot anyway---mainly what Ive picked up on the net over a couple of years---but Ive been doing a lot intensively in the area over the last month or so--and sure war makes gold go up---but the thing is--I think Nickoo stating it is early days yet is perfectly correct--Ive seen charts saying a break of 3.08 to 3.10--means it's going into a longer term thing-also U.S. Pension Funds wouldn't be putting billions of dollars into it for a daytrade---you don't put billions of dollars into something unless it is serious.
My thoughts.
Cheers,--BK.