From one of the world's top gold traders, Gary Savage: "When Bernanke fired his next shot into the currency warswith QE3 & QE4, it forced other countries to take action also to maintain currency crosses. Unlike our clueless Federal Reserve, there are plenty of people in the world that understand how this is going to end, and the role gold is going to play in the end game. Those players don't care about the current price of gold in US dollars. All they care about is getting their hands on the actual physical metal, and they will do whatever necessary to accomplish that goal [in] preparation for the end game. So if you are holding, don't freak out on Monday morning if gold is down again. It almost certainly will be. But if this was an artificial event, and I'm confident it was, then once it's finished gold is going much, much higher. The big players that created the event don't do so to sit in a stagnate market. They do so because they know the manipulation has ended and there are big gains ahead as the secular trends resume with a vengeance." READ THE FULL THING HERE
