Whack ....pause ....Whack .....pause ....pause ....Whack ....pause....Whack ...pause ....Whack.... Whack and the gold price falls below $1000. It is as clear as can be on an intraday chart.
It will be a battle, in the words of Jim Sinclair, but the COT is now fighting the government(s)........... perhaps China, perhaps all of the BRIC nations he did not make this point clear......... but gold will prevail and the anti-gold crowd will fail.
P.