I LOVE gold. In GOLD we trust... but I expect to see a pullback. Just a few weeks ago folks were talking about $720, $680, even misfits reprinted narrative from SH includes $480 as a pullback price. No one has been talking pull back in the last two weeks though. Does that mean we are on the bull run, no stops ahead?

I can't believe that the US and all FIATS are just going to let gold continue to rise  so easily and thus show their paper money to be as worthless as it is. In the past, the central banks have SOLD GOLD to depress the price. Will they do it again? I think they've got to give it ONE MORE TRY or else they are doomed

Here are two charts from whence you can see the trend. The first is the gold price this year, the second is central bank selling. See where the selling stops and the gold price rises? Coincidence? I don't think so. I'm sure the struggle now is that the banks are saying 'We don't want to sell our gold! It's the only thing of value we have!' But the central planners are saying, 'if we don't sell some gold here, we won't have anything left!' What a bleak picture...

Either way, NOT wins!

BK