ride it up -
Sentiment: Strong Buy
As interest rates go up and more importantly, the threat of raising interest rates, gold is going down!
Yellen surprisingly hawkish. She's lying of course. Raising rates ,ending QE will sock capital from main street. Taper can only go so far. And rates can only go so far before Uncle Sam is insolvent.
This downturn in gold may have legs. Watching, not buying yet. Watch Asia for signs of physical demand.
why do you say that? we have been down hard lately