Wednesday, February 17, 2016

Gold pull back due to public interest in buying

Since peaking at $1250, the volumes on the COMEX [GOLD] have waned considerably and that is as it should be for volume should follow the trend and the trend is clearly upward.

It has been a sporty run to the upside. The public has suddenly gotten a little interested, and that probably is a good reason to say, I bet we settle backwards.