Wednesday, March 11, 2015

People ignoring Gold at the moment

It was as if gold trading did not exist. In the past gold often dominated the discussions and if it did not dominate it was at least discussed at length. In the past, the questions were always of impending inflation; of the weak dollar; of the supposed or feared impending end of the dollar as the reserve currency and of gold’s inevitable strength.”

This year, there were no discussions at all in these regards and that we find bullish of gold. The public is out of the gold market; it has no interest and that is when the wise traders have their greatest interest.