Gold has been on an upward tear
these last few sessions, suggesting that there is every possibility that
a bull phase has begun for the monetary metal based on certain
macro-economic factors. But does the current move portend a trend? Or is
this just yet another one of those booby traps gold’s market puppeteers
are now famous for?
Is gold going to climb into the near-$1,400 range before Jeffrey
Currie proclaims “Short Gold!”, presaging an utterly reckless overnight
sell-off of gold futures overnight in Tokyo?
On April 10, 2013, Jeffrey Currie, lead analysts at Goldman Sachs,
was quoted in the Wall Street Journal with the highly manipulative
“Goldman Sachs:Short Gold!” headline. (Click to link to that story on
WSJ)
Or, is gold going to resume its relentless climb akin to the 2002 to
2011 period, where each year gold notched double digit gains? Will we
actually see gold at $2,000? (more)
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