megatron,Take a look at the parallel channel on my chart. It...

megatron,

Take a look at the parallel channel on my chart. It looks very much like the low is in for a while.

Fundamentally speaking, printing money has never resulted in gold going down. Printing more money than anyone has ever done in history (even post-WWI Germany, or Zimbabwe haven't printed the equivalent of $US1trn) would tend to argue for a simmering, explosive upside potential, rather than any short raid.

Any day now (and I mean, during the next month or so), you could well see gold just rocket $200 or so dollars on the upside. Anyone short gold, given what Ben has done, must be running around screaming.