Quote from: freshman777 on June 01, 2016, 06:37:33 PM

Quote from: deisik on June 01, 2016, 05:28:21 PM

Quote from: iamnotback on June 01, 2016, 04:20:37 AM

Gold deadcat bounced to $1309 precisely as predicted. Now is threatening to break down through $1205 to make eventually lower lows below $1050

Wow, that guy must have been reading my posts

Quote from: deisik on September 19, 2015, 07:51:08 PM

Gold is the primary driver of all PMs (more so for silver, less for palladium and platinum). <...> Unless the US gov decides on another round of QE, I'm still expecting the price to hit sub-$1,050 level...

Not until then will I look into gold again

You both talk about paper promises. Paper promises can go to zero, this is not relevant to the real world price of gold.

Okay, if the "paper promises" hit the ground, real gold has nothing to do with that, I got it. But if they hit the sky, what then? Does it really cut only one way, walk only one side, Möbius style?