News, analysis and commentary for gold traders and investors

"Be Right - Sit Tight"

Jesse Livermore
RUSSIA AMASSING TROOPS ON UKRAINIAN BORDER after UKRAINE VOWS TO TAKE CRIMEA
RUSSIA AMASSING TROOPS ON UKRAINIAN BORDER after UKRAINE VOWS TO TAKE CRIMEA
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Gold Market Wire

News, analysis and commentary for gold traders and investors

Monetary Mayhem

Gold Pushes Strongly Higher

April 6, 2020 - (Gold Market Wire) - Gold is tearing through all resistance, leaving only the recent 8-year high of $1703.29 as the last challenge before taking on the 2011 all-time Gold high price at $1921.

A very long view

And closer up.

A scramble for physical is now commencing in certain locales. When global transportation networks are resumed supplies may become normalized.

But, after the events of the past two weeks, that may not be easily achieved.

There are reports of cash shortages at ATMs in certain areas of the United States.

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