1,200/oz broke. Gonna be some rough sledding out there. I would tend to think that in the 1,100's there would be some/more central bank purchases. What is going on in India seems like it should impact demand.
With the talk of increasing the debt by a trillion or more by Trump, etc. I just don't see the catalyst for a significant retracement of gold back to the $1,000's. Boy I hope I'm right b/c I've got gobs of Gowest