Loading ...No “suck” for people that buy on the lows all the time. A lot of “suck” for people that bought on the highs though. And odds are they won’t buy on lows. The “pricing” is totally artificial. No reality in physical pricing.
Its always feast of famine for producers of anything and everything. (even machine shops) They get thrown a “bone”, work over time, produce too much all at once, and then prices drop, and they lose their profits on the next decline.
I suspect its engineered that way for the greater good. Low costs for production of jewelry, space and defense, commercial auto and widget production etc.
Gold Chart Uptrend:
http://scharts.co/TgIT7o