Why Gold Prices Didn't Really Rise Last Week [View article]
Retail investors will drive the price lower to attract demand from buyers who are currently in the sidelines (i.e. jewerly), once those buyers are lured back into the market then the price will rise once again, meantime the trend is down, sell USD 30 rallies and you will stay in the trend. The manipulation theory has never had real support, from my standpoint, if you got the money you move the market at your will so you can make good money, as simple as that, USD 800 will be a good buy later in the year. On the other hand Mining stocks will do extremely well, short term, that is a good alternative, miners lagged for a long time and will outperform Gold itself for now.
Why Gold Prices Didn't Really Rise Last Week [View article]