If in doubt, paddle out!
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Gold Price Action Suggest Epic Events Close By
Love it or hate it … you just cannot ignore gold … it is after all a “bellwether”. Originally a bellwether was a bell tied around the neck of a castrated ram (a wether) who would lead the other sheep and give the shepherd a ready reckoner on the movements of the flock. In financial markets it just refers to a leading indicator. Gold is currently suggesting that dark things may be afoot on the economic front. After six years of relatively tame ‘sheepish’ price performance, gold has suddenly become a turbocharged ram on a motorbike, without a helmet. Love it or hate it … you just cannot ignore gold … it ... (full story)