Now what? Gold correction or top?
Comment of the Day

August 13 2020

Commentary by Eoin Treacy

Now what? Gold correction or top?

Thanks to a subscriber for this report from Canaccord Genuity which may be of interest. Here is a section:

Eoin Treacy's view

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I continue to think about my coffee cup analogy for inflation. When the cup is half full you need to stir quite quickly to get the level of liquid up towards brim without spilling over. When stirring slows down, the only way to maintain the level is to add more liquid. When stirring picks up again you had better siphon some of the liquid out or it will spill messily over the edges.

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