Dear readers,
It is a given fact that gold reached a technical comfort zone. I find it funny to read commentary with price objectives slightly above, at or below gold mining break even point. It is a mystery how low the price of gold can be manipulated in a mission to hide competitive currencies devaluation on a global scale.
All charts and ratios considered I estimate that a volatile markup for the price of gold and silver should soon follow.
"It is a mystery how low the price of gold can be manipulated in a mission to hide competitive currencies devaluation on a global scale."
ReplyDeleteAGREED! The printing presses are running at max output.
Perhaps not a mystery when one considers that the Fed 'mysteriously' decided they will no longer disclose M3 in recent times... (and no one's the wiser!)
Let's wait for the shortist to wake up from their dreams
ReplyDeleteThanks,
ReplyDeleteMajor and relatively rare HUI / Gold ratio buy signal see:
http://goldandsilverstocks.blogspot.com/