Bernake makes comments bound to drive the bullion price higher then subsequently makes comments bound to drive bullion prices lower. Obvious manipulation. Too bad we can't check in to Bernanke's Alma Mater's trading on his addresses.
The price of gold had already served the words of Bernanke, but now it seems to want to figure out if the Fed is doing a bluff.
The costs of gold mining companies are now coming to be very close to the spot price of gold ... the cartel will be an impassable support. http://www.zerohedge.com/news/2013-05-21/visualizing-cost-mining-gold
XAUXAG, a laterality that is going to prepare a new upward leg after the long term break of mid-April.
================== Nice fundamental charts + graphs; but all that fundamnental stuff is funny with the price of gold still in a nice uptrend.most trends are still up. Bless brother Ben B.That could be bullish -not a prediction But Dave Ramsey doesn't like gold[ long term investing], so be careful ..... Wisdom is profitable to direct