The battle for $2000 gold continues and the horrific tension between the governments of the East and the West intensifies. The citizens of America are fiat-oriented while the citizens of the rising empires of China and India are focused on gold.
Purchases of gold exchange-traded products (ETPs) hit a record in March, while investors pulled record amounts from domestically-listed European equity funds as..
If we see a sustained break of 4400SPX in the coming weeks instead, then the door opens to revisit the 4000SPX region again before any bullish set up may develop again.
Gold is trying to break out as the patterns remain bullish and the gold stocks are leading. Oil is still consolidating but is not showing signs of breaking down..
