Another dead cat bounce for Gold, before the price moves down according to Jim Roger's long time prediction, testing the upper $950 levels on the chart before it can move higher ??? GRIM

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With China's retaliatory threats coming just minutes after Trump warned them not to, and including a closet threat to dump USTs, precious metals are aggressively bid this morning with Gold surging above its 50DMA and breaking $1300 once again.

Gold spiked on extremely heavy volume...