We think that Asian buyers are likely to come into the market at some point as well, when the dip in gold prices becomes sufficiently large. This should eventually offer support as well. However, because of the change in market dynamics following the FOMC meeting, longer term we think that the size of any recovery in gold prices once flows turn is likely to be comparatively small.”
Gee thanks Nomura lol it reminds me of buying the s and p @ 666 it was a puking into the wastebasket trade the hardest .............. but hell its been hard to buy gold for at least 6 months now almost freakin suicidal lol