They wanna blow up more bigger baloon than Lehman.
QE3, QE4, QE5, QEn.....
only conspiracy theories, opinions. non-advising blog.
Gold reached $1,700 after new U.S. credit rating and now traders looking for new top prices.
Some traders always say : "This is a speculative rally. This prices are not real prices." WTF man? Which price is the real price? We're playing this game in free market rules. Only bid&ask can set the prices. Derivative contracts and futures may cause more speculative attacks but if we want profit from price changes, we are speculators too.
Don't listen these short positioned devil speculators. Gold is the most precious safe haven.