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
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.