For all gold bulls out there... these are the days that try men's souls. You get a seeming "breakout", only to have your heart ripped out from your chest.
Well to all the gold bulls... I have a message... Keep the Faith!
These theatrical volatility is the work of "fast gunslingers" of the financial world... the hedge fund managers... like Moi! All we know is the fast kill. And we are damn good at it.
But even we can't kill the long term realities.
There is only one thing that will stop the long term gold bull-run. That is a return to responsibility by the American Federal Reserve, the American Treasury, the American Congress and the American administration. And that ain't happening any time soon!
As long as they keep printing dollars by the truckloads, or more accurately shiploads (bound for China), dollar debasement continues... and gold will run higher.
So just watch the London Fix... not the hourly goings on in "paper gold"... when push comes to shove... the physical market is buying!
Now get out there and friggin do something with your life!
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