“Thus, it should be understood that when pro-US figures use the term, 'rules-based international order,' they are not referring to anything analogous to the rule of law. Quite the opposite, they are using Orwellian language to describe a system in which essentially no rules can be established and/or observed, given that the dominant state has the prerogative to violate and/or rewrite “rules” at its whim.” Aaron Good, American Exception
23 June 2010
Gold: Cup and Handle Formation Update
This chart formation has been well behaved so far.
The dip today hit our target of 1225 right on the nose.
Let's see if the price can now consolidate and then begin its breakout.