Unlike most gold dealers, I don’t spend all my time writing articles that call for a dollar crash or that hyperinflation is around the corner. I could do that and probably get more people to buy, but I would rather present the data as I see it and call the markets better from a short term perspective as well. The …
Read MoreJan
14
2014
Will Gold Fall Below the 1980 Peak of $850?
By: Doug Eberhardt
Category: Gold
Tags: $850, AAPL, bullish, GLD, Gold, hedge fund, high, HLF, hunt brothers, low, managers, manipulation, market makers, NFLX, price, professional, trader
When seeing what Market Makers and Hedge Fund Managers can do with stocks as they have with Apple (AAPL), Netflix (NFLX) and Herbalife (HLF), could we also see the Professionals push gold lower to break the 1980 high of $850 and hear the financial media declare the gold bug dead? How would the pro gold crowd react to such a move? Is this scenario out …
Read More