Dun short GOLD.
The Chinese new year is over today, and so did the Indian new year weeks ago. Now retail interest is dull at such lofty prices. When the Chinese return to churn Gold form their mines after the Chinese New Year. Supplies would multiply. In fact the ordinary folks are bring their bracelets, coins to cash out at such high price. We would see recycled Gold sloshing the market.
However speculative funds are skimming the markets of the sell stops. Hence there is always these parabolic rise once a seemingly resistance is broken.
Soon those who buy would have few sellers, and the price rockets. AND then the same buyers have nobody to sell to, except themselves, like a dog licking itself.
The rise of Gold is a suckers game at this stage. The speculative fund is trying to find the last dumb buyer out there.
Let them establish 1000 Gold for posterity.
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