Gold has been knocked back from US$1007.60 with the battle now taking place at US$1000 on Comex.
If gold can close above US$1000 on Comex the gold bulls will be the winners.
However I'm wondering whether gold has been allowed to break through US$1000 today prior to Comex trading so the anti gold, paper bug crowd can severely dent the confidence of gold bulls by pushing gold solidly below US$1000 by the time Comex paper gold trading closes?
So instead of a US$1000 Gold Party what we end up with is a Bash Gold Below US$1000 Party.
Hmmnnn. I hope not. Time will tell.
Gold is currently US$1000.60 bid.
the us$1000 gold party ...
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