02.06.2015 - Here's The Reason Gold Is Going Nowhere
Another week passes and once again, the word best used to describe the price action in gold is, “YAWN”. As in boring; as in repetitive, as in comatose, as in going nowhere. “Gold is off to $2000?, we were confidently told. Yep – same claim as always, every single time gold has a big move higher with the same result... NADA… ZERO… ZILCH… What a great racket – get people to pay you for making wild, outlandish, incorrect and thoroughly useless predictions and then blame it all on “price suppression by the feds” when the prediction falls flat on its face. Those doing this never have to acknowledge how bumbling and inept they are around the markets while they sucker in another round of victims from whom they can milk more money......................................Full Article: Source
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