Loading ...Meanwhile gold is heading for a major washout bottom. Every day now there’s a story with a headline that says things like “gold is tarnish forever” or “gold can only go lower and lower”. You’ve a better chance to find a needle in a haystack than a chest-beating bull. Even perennial bulls have sought shelter and/or have suffered temporary amnesia. It may need to get uglier for a few more days or weeks, but I believe out of the ashes shall be the bottom that begins the march back ultimately to new, all-time highs before the Presidential Elections.
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