Spot gold at $1264, biggest day for gold in a long time...but the market is a little off. Maybe a lot of money has been lured into the black gold dead money trap! Lured by a slight pop on crude, no one wants to miss the bottom there. What most in the oil market don't realize yet is that it will be a long time before crude works its way back up, with the glut of oil already in the system! At the same time the glut is only growing, because the Saudi's haven't turned the faucets down yet. <<<this is going to create a lot of 'dead money', just sitting there not doing anything...causing many to miss the boom in gold. All IMO only.
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