Gold is finished

gold-price-performance-USD.png

gold_5_year_o_s_usd.png

gold_all_data_o_s_usd.png


Chavez: Venezuela recalling $11B in gold reserves
http://news.yahoo.com/chavez-venezuela-recalling-11b-gold-reserves-222641158.html
 
Ya, another gap open. Real bearish..

Seems you retards haven't figured this out. Gold now acts like a currency. Money flocks INTO gold during periods of risk-off deleveraging. That is a huge red flag. Panics beget equity and commodity sell-offs. Not anymore for gold. It's transitioned from a risky, inflationary trade into both that AND a deflationary, "flight-to-quality" hedge. That means it's going nowhere but up..
 
Back
Top