The price of gold was $1,228 when I wrote that.
It did manage a rally from $1,185 to $1,253 since then.
- Europeans still have plenty of money (they just wont spend it).
- The markets don't care that much about ISIS and the Ukraine
- The Chinese and Indians will keep on buying gold. I suppose someone has to when producers and ETF keep on selling it.
- The Scotsmen voted no. Let's see what the Catalans can do. LOL