The futures markets actually over ran the Shanghai gold price, for a brief period, but Shanghai has kicked away again, with another $US50 rise, currently around $US2304.
This is starting to feel more than a wave, followed by a pullback with a trough, and more like a Tsumani, where the water pressure just keeps on rising, and rising.
I can see $US2500 before long, and if that happens, then we will be moving into a whole new gold paradigm.
Seat belts fastened!
The futures markets actually over ran the Shanghai gold price,...
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