IKN

Take physic, pomp

Charts of the day are………..

………the three year US dollar chart and the three year dollar:gold ratio chart

(click to enlarge)

Looking at these charts it occurs to me that all the gold buying and supply shortage talked about in goldbugland really has made a difference….

(click to enlarge)

….it’s stopped gold from revisiting $600/oz (the price in October 2006).

Leave a Reply

Your email address will not be published. Required fields are marked *

Hello, you are not in a chatroom, you are in my living room. Opposing views and criticisms welcome, insults or urinating on furniture unwelcome. Please refrain from swearing if possible, it is not needed.