That is the big question. I read the dollar is at a 52 week low. I really do not see anything changing anytime soon. What I am afraid of is when the economy starts improving(assuming it does) then the oil barons will find a way to raise the price of oil which is a big factor in the processing cost of the metals.
Markets never go up or down in a straight line for very long. There will almost certainly be a dip and some folks will be announcing the end of the gold bull market the way some did when gold was around $800. Someday they will be right. Personally, I think the bull market will end with a blow-off top the way it did in early 1980. It won't end with several consecutive $10-$20 moves that are tiny in the big picture.
it would have pass and break $1,200.00. but it was affected by the reverse course on dow jones future index. DJ future down 154 point. p.s. DJ future now down 169 point.
