gold in ny tonight will be worth watching

  1. 9,081 Posts.
    Gold is up again ...$351.75.

    Tonight in NY will be the acid test.

    Will there be a last ditch attempt by the "gold cabal" to act in concert to drive the POG down?

    Or,

    Will it be capitulation and every 'man' for himself as the shorters struggle to buy back the gold they have sold before their position becomes totally untennable?

    I think the latter scenario is the more likely as "self-presevation" is a very strong human instinct.

    I know I have oversimplified the issues here but it is important to get the gist of the central message across.

    This is not just about war fears ... the issues are much, much deeper.
 
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