Germany repatriating is a clue that world war 3 is coming?
Fed going to value gold in vault at $1600?
Grasping at straws to say the least.
Gold was in ten year bull...market heading higher...hedgies in gold must get out or they will under perform. Plain and simple.
Paulson is getting murdered. Eihnorn getting smacked in aapl
This trade is over. Will the dollarcollapse one day? Sure...but the odds of it collapsing do not make holding gold a good bet when market is taking off.
If I make 30 percent in market that means gold has to go up to $2200 just to keep up.
I loved gold at $500 and I might love it at $500 again.