Monday, April 15, 2013 A Bit of the Old Ground and Pound
What is happening to gold right now foretells the future for stocks. For years - since the bottom in 2009 - apologists for the status quo have been saying that low volume is not an issue, merely because it hasn't been so far. However, volume equals liquidity and lack of liquidity is a big reason why gold can't find a bottom...
What is happening to gold right now foretells the future for stocks.
Gold is completely different than stocks.
As long as the politicians keep running up trillion a year debts and as long as Bernanke keeps monetizing the debt, gold will continue an overall upward trajectory.
The current downward movement of gold is the result of market manipulation by Goldman Sacs and others.