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<p>[QUOTE=&quot;yakpoo, post: 4609895, member: 18157&quot;]Gold is close to breaking above $1800/oz...and will likely head higher in the near term. However, gold is a negative play against the denominated currency. Gold buyers aren&#039;t really buying gold...they&#039;re selling their currency.</p><p><br /></p><p>If inflation doesn&#039;t increase as much as expected, people holding gold could be in for a rude awakening. Expanding mine production, redemptions, and possible tax hikes will likely pull the rug out from under gold...at some point.</p><p><br /></p><p>Another factor impacting the trading price of gold is the COMEX margin requirement. Increased margin requirements shrink demand...(or vice versa).</p><p><br /></p><p><a href="https://www.investopedia.com/articles/investing/100915/learn-how-trade-gold-4-steps.asp" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.investopedia.com/articles/investing/100915/learn-how-trade-gold-4-steps.asp" rel="nofollow">https://www.investopedia.com/articles/investing/100915/learn-how-trade-gold-4-steps.asp</a>[/QUOTE]</p><p><br /></p>

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