16 January 2015 seasonal high $1,280.00 Highest we have got to this season 2016 is 1276 In Euros January 2015 seasonal high 1155.30 Highest we have got this season is 1161 So overall somewhat negative but still worthwhile for storing wealth in the EU. Nothing to be excited about. That is all I want gold to do. I don't want rapid rises and volatility in Gold that happens without money supply causes, that is what silver is for. Overall not exciting and there is *nothing* novel in gold going up during Indian wedding season preparation, Chinese new year and post Christmas/Valentines day when winter also shuts down a lot of operations in the northern hemisphere. See my prior post on seasonality. Yawn I will be moderately awake when gold hits 1300 USD but not excited. Let silver flip up and down like a tech stock on acid, gold needs price stability. Here is someone to be excited with as I am unavailable.. Source:
Need 1300+usd and 1160+ euro to show a nice boring minimalist 1-2% seasonal peak-peak 12 month rise. Very unexciting, Nice and boring. A lot less insane and 'exciting' than the ECB thank goodness Source:
It would be great to see it break above 1300. That would start a fresh rally for sure! God damn its only $5 away from breaking 1300. Why cant it just smash thru to a new low???