The dip in the gold price over the past few days doesn’t change anything on this long-term chart. The bottom line is this: As money, gold is clearly superior to fiat.
Gold is primed to surge to fresh highs as the risks around central banks unwinding massive stimulus are under-appreciated by investors, said Diego Parrilla.
I warned people over and over repeatedly that the metals, other than the currencies, are the most heavily manipulated markets on the planet. The gold cartel is going to win this battle. A bounce will come and another attack will likely ensue..
Whenever there was any possibility that gold will break past key resistance of $1840 then one or the other Federal Reserve speakers start saying of an early taper.
