Here's my take:
1. PGI Sp down because of momentum and the 'vibe'. Goldies are all mangled wrecks when viewed through the prism of 'what stawks are doing great to date'. My Gold portfolio is down but not out, and everything can change in a month.
2. AUD vs US. Bitch slapping. Pray the Aus$ takes a nice dive, which would mean China would have to admit some pain comming (which the won't).
3. Taper My A$$. Even if they did, they would make up a new operation to print their way out of debt. Taper was always the decoy and the excuse to bash gold in general.
4. Black Swan(s). Still waiting. A default, a bail-in...
5. disclaimed: I bought some more at 4c.
This chart sums it up for me...
http://goldpricefuturepredictions.com/sites/default/files/Gold-Price-2014-End-Game-China-Currency-War.png
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Here's my take:1. PGI Sp down because of momentum and the...
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