Closed out this on Friday @ 1179. OPEC move is a momentum shift for commodities, deflationary trends and PM. Not very positive on gold as of now. Swiss vote turned to be unexpected rout for the goldistas by the way, 77% No!
And now the Swiss have declared gold to be a fetish, a con game , and a worthless relic of the past. Only collapsing silver (you own lots of that crap , right?) and oil, make gold seem not so bad. But only by comparison. The con men have won, and you're there, pants around ankles.
Who's broke? U talking to yourself obviously. Im doing just fine. Short copper, long indexed funds with the proper AA, life's good.
Hello, i think Gold will be low some month . I have found this good post http://www.finila.com/gold-daily-patterns-confirmed-harmonics-fibonacci-murrey-lines/ US economy is strong,then gold down