The gold bugs think the economy is falling to pieces. As such, they’ve resorted to ripping out offers, sending the ancient metal through the roof.
Look for an insane rally in gold stocks today, who are, by far, the best performers of 2016 thus far.
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gold is totally irrational, so it goes where it goes. until you see a hyperbolic termination, who knows where the ball will land.
Perfect storm for gold: degradation of currencies and global political instability. Now, U.S. political instability fears as well. Gold will continue much farther up.