The dollar weakens because the cartel shows signs of weakness but they both are far from dead. Many in their death throbs often show some of their best efforts before the final kick.
Todays fluctuations, even if appearing positive are merely that, fluctuatons. They need to be much more severe before the fix is in.
I have no special insight but I suspect that tomorrow gold will be knocked down again and I would not be surprised in the least if it closes below $900.
As to when things will hit the fan? I have been expecting it for over three years.
Now likely mid to late fall. Historical buys of gold, heating oil and US elections, those are the potential triggers. We all know that the US debt and financial papers are the pressure that will eventually bust the dam, all we need is for one or more of those triggers to set it off.
Pic you should not be quartered but congratulated for speaking your mind at times when many are reluctant for fear of criticism. You have your views and hopes and the rest of us have ours. They need not coincide but we need to pool our opinions and the sum of all is what matters.
I for one tend to present contrarian opinions ( that is my nature) but it does not mean that I disagree with any one. I just want to present other views to an open public and leave it to them to make up their mind.
We have been patient to the Nth degree and with every day it looks like any day now but that day is now postponed for years.