It does look like a price increase as supply is dwindling. IF there is a agreement by Russia to not invade Ukraine then that could be a excuse to drop prices once again. That will be temporary (weeks, months, or year?) as available supply cannot be changed.....
Thank you pandamonium.
....for the record I am bullish on metals now. March 15th/2014 Gold 1370
1. Russia for the 2nd time putting america in its place (down the ladder)
2. Putin out thinking obama (which isnt very hard to do). China has sided with Russia.
3. Putin is very pro-gold & the eastern bloc country. China ditto
4. Oligarch's pulled all there $ out of U.S. weeks ago. (what will they buy now?? real estate there filled up on now & U.S & england
could freeze that!) China the same, there country has put in capitol countrols & there loaded up on real estate also!!
5. Look at the past ART & Diamond auctions....thru the roof. its all cyclical...Gold is next!
6. Saudi's & Israel are upset with the U.S. over IRAN & SYRIA.
6a. Everyone is upset with the U.S./ hint: NSA
7. Bottom line.. The U.S. "ILLUSION" of the world's superpower is showing cracks!!!
There umero uno status is what keeps the dollar strong.....this is waning. Other countries smell blood in the water
& it will be a dumping frenzy of dollars!!!!
China/Russia/& a middle east country will all trade in a currency/asset OTHER THAN the dollar!!!
Mark this call!!