Wow, can't remember the last time $GOLD was up over $10, now at +$10.20 to $478.20, and I'm going to say it again...
IS A 50 BPS RATE HIKE COMING???
Also just when you think a bearish engulfing is to take over on the weekly on the HUI, you get a day like today... I'm watching this close for signs of a breakout, there's still stock specific plays which are very beat up so as to not miss any "break-out," but I'm still skeptical about this sharp snap-back rally, yet this is happening with the USD Index in the green as well!!!...
Which asks the question, is the rest of the world beginning to buy PHYSICAL $GOLD as their currency is manipulated lower by the internationally-tied central banks???
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