One would of expected gold to crap its pants after the oil price shoots up and 2% gain on the dow.
Gold stayed up, supported by in the know buying, the macro dire world economic situation has not changed, there still is a glut of oil and an irrational prise rise will do nothing but set in motion another fall in oil, there is little demand and a huge amount of competetive production.
Gold is still way up, it is holding its place as the grim reaper waiting for the next market crash.
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