(click to enlarge chart)
They do believe deflation despite of many say GOLD is the ultimate currency. Gold ETF went below 200 MAV after years of advancement. It has also failed to move up beyond US $ 85 for some reasons. We are in a dicey situation. Suggest not to step in to buy until a clear picture emerge. We are at the cross road. I have failed to upload charts for several days but I think Google server is having some problems - will post the Gold ETF chart with 200 MVA later.
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