Mike , what happening now is a reminder that gold is a speculative play . There is no corelation between gold and money printing ( real world economics ).Reserve banks and Money printing is King and there is no way that goverments will capitulate to gold . If you where to compare gold on hand vs money supply the gold price would have to go up 100 fold . Gold is cheap compared to the amount of printed money out there .The punters are telling us they are putting their trust in printed money. Reality is POG could double or it could halve from here .
Mike , what happening now is a reminder that gold is a...
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