Thanks for sharing Black I'm a fundamental kinda guy, but happy if the charts back it up. Mostly I am reading recent History of the GFC at the moment. If we are relying on the same people who created that mess,(see profited) to get us out of it, then it is obvious why Gold looks good.
What we need to see is real productivity increases rather than over regulation and debt driven consumption - no wonder the East is the great hope. Though some more Tech ingenuity from the West would not go astray.
Are the main things driving Gold, Central Banks and Gold Backed EFT's, everything else is just noise?
Most players will follow trend and that is set by the big movers. Expect to see manipulation, of course. Is there a way to track Central Bank purchases/ sales in Real Time?
ORS Price at posting:
17.9¢ Sentiment: Buy Disclosure: Held