Does GOLD hold 1300 or get knocked down to 1250 or gasp 1200 ?
The dollar, OTOH,,,
As long as gold remains 31.1 grams to the Oz. it's a buy.
if confidence in this market returns, then gold will take a real hit, while money is shifted into more bullish paper assets. that would be buying opportunity
May be only chance to avoid carnage.
Mike Mish Shedlock
No one can answer the question but I like my chances here