13 June 2013

Comex Registered Gold Continues to Fall To All Time Lows

"I have no spur
To prick the sides of my intent, but only
Vaulting ambition, which overleaps itself,
And falls on the other. . . ."

Macbeth Act 1, scene 7. 25–28

Every time the Comex registered gold has moved to these extreme lows, it has marked a bottom and a major trend change.

The value of global currencies, Comex gold, JPM's vault bullion, and the confidence of the people in the markets.

All in all, it seems like a race to the bottom.

This has many people just shaking their heads.  And one can hardly blame them.

How low can they go?