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Platinoid
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Time for Goldbugs to Admit Defeat?

- Jeff Clark - Casey Research

Ah, the charts....

yeah, the manipulators don't give you the charts of their plans,
only the charts of the past manipulations....

Wondering if gold will hit $1,600.

Maybe if the Euro's ECB starts a centralized/legalized QE
of their own, to Hail Mary save the Euro, and then US QE
goes structural as a very long-term program, and the bank
cash-reserves become permanently sequestered in
order to preserve liquidity......gold may go even lower.

I Dunno, but the prices are low, the trend is negative,
and in 2004 you could buy silver for around $6-7, and
gold for around $450.

Anyone think that is where the manipulators are headed?

Commented 3814 days ago

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Beginning of the headline :After a 12-year run, it looks like gold's wave has truly crested, and many bears are arguing that it's all downhill from here. A quick glance at a long-term gold price chart can certainly seem to confirm this impression. Gold's price has fallen by more than a third since its 2011 high. The downturn exceeds the 2008 waterfall selloff. Many technical analysts are saying that the "damage" on the charts is too great for gold to recover. The rout is so bad, even hardened goldbugs have grown quie... Read More

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