Gold has so far outperformed many assets, even silver , another metal that is considered a safe haven play. Silver has more room to go up once the public/media is exposed to the ongoing waged economic war between the major 3 powers.
PetroDollar - PetroPound Duopolist
US and GB team up
Overall plan to defeat the currency manipulators, is for US and Bank of England to raise interest rates quickly to spurn any exported caused by drastic currency moves.
GOLD on the move
And when you push them too far beyond what is sustainable by the real economy (I'm looking at you China and US....) and create unsustainable bubbles and not allow the market pricing mechanism to work naturally by averting any pullback > 5-10% Then don't complain when it all unravels and crashes
China up 160% last year, has a 30% pullback which we all know is normal and healthy - Chinese central planners ban selling for foreigners/ add QE and try to talk it back up to 160% gains... it's pure lunacy
The current volatility is simply reflecting unsustainable pricing and flawed assumptions which are unraveling...
they are just supplying free money to the bank to help them function
the only asset not inflated is commodities though the daily price of staples foods and daily usage keep increasing ^_^
THEy want to create a penultimate top, just you watch