Gold: Up Periscope! For the Moment it Doesn’t Like What it Sees

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  • Post category:Gold / Public

The gold price gets summarily reversed after mainstream financial media touts

Why of course the MSM noticed gold’s flirtation with all time highs. Click image, get article (which I have not bothered to read).

I would not call it a setup for a smack down as if someone planned it. I would call it a typical and hard ‘sell the news’ event. Nothing more, nothing less. Meanwhile, gold went up-periscope to look around at the blue sky before submarining back below surface.

The reversal is completely logical and frankly, needed.

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