"Gold Gaining Awareness? Or Just Further Geo-Political Bid? Or Both?"
By Mark Mead Baillie 05 March 2022
We're wrong to this point as regards the price of Gold fading after spiking on RUS' invasion of UKR. Which starkly tells us how serious this incursion is versus that from eight years back in 2014.
Now 24 trading days into this year's intimidation and physical offensive by RUS, Gold has yet to commence its typical geo-political fade as had occurred 16 days into the Crimean Peninsula assault.
Here's the updated comparative graphic of the two Gold percentage price tracks from then and now. Obviously this time 'round 'tis all far more barbaric, wantonly destructive and deadly. Better than 20 years of post-Soviet democracy and credibility-building with the West has vanished in less than 20 days, in turn putting Gold on full-alert as it continues to ascend rather than fade:
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