Loading ...We all know the metals are a wild ride and the purpose of a bull is to buck you off before the end. Ive sat through so many corrections in G and S that I’m numb to them. (LOL, seems Im numb to the tops too!), I was ready for 1475 gold yesterday. Short term, you better have nerves or a few beers watching gold. Long term; has the Fed or any CB found monetary discipline? Has the Dow Gold ratio made it to 1 to 1? Has the public jumped on board? Have we seen a technical blow off on the charts? Not even close. Will it happen in the next reasonable amount of time? My guess, probably.
MG