Friday, June 17, 2016

Gold Tops $1300

Well, the other thing that went a different direction that I would have guessed was gold.
It popped after the Fed non-decision and has now spiked over $1300 in the aftermarket.

We’ll see if this holds, but an awful lot of big money types are coming around the idea of gold as protection is a central banker crazy world.
Gundlach above is one of them, and he’s recommending both gold and miners.
Or, as Grant Williams might say, the west is finally beginning to care.

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