My take is that gold is stuck, as if held, or waiting for something, perhaps the Greek election, maybe the fomc meeting, or the china gold import stats for may, India gold import recovery, or gold-denominated oil trade, or something else
My guess is that
gold pricing would go from its current and essentially linear state to an eventual parabolic function, and at some point, transform to a hyperbolic curve, be mostly confiscated in nations where people collectively are afraid of their governments, and then gold go exponential, asymptotic towards infinity, not available at any price unless you are directly mining or are the government |
