Hardly a Week to Go
May 24, 2013
Will the price of gold begin another leg down on May 31? I ask that question as an echo of my May 1 blog where I noted that if the market behaves now after April’s sharp tumble in the price of gold as it did after the peak of 1980, May 10 and May 31 would be critical days.
Sure enough, May 10 arrived and so did the expected weakness in gold’s price.
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