$1273 upward trend continues, no end in sight. It began with India's surprise move on Nov 28, 2014 (you remember, when the Swiss voted down their referendum and everyone expected $800 gold), when PM Modi government lifted gold import restrictions and India set a one month record (in two days?). Now the Swiss reverse pivot is acting as a catalyst to fuel the gold run. IMO, gold continues its upward trend unimpeded. The increasing demand for physical gold from the BRICS is the main driver to the current trend, with other events feeding into it, causing gold to move freely without connectivity to other traditional market movements (ie, oil & silver<<<yesterday's huge move left silver nearly unchanged...why?)
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