[Cicero]

The war has nothing to do with the POG (price of gold) except in the minds of idiots, financial reporters, and professionals who take advantage of such illusions.

The basic reason for a bull market in gold (if it resumes) is weakness in the dollar, weakness in the stock market, and enormous, continually growing balance of payment deficits.

Sure, gold has bounced up and down about 60 points in the past few weeks, mostly on pure emotions: fear, greed, and credulous belief in these silly explanations.

[disclaimer]

The war has nothing to do with the POG (price of gold) except in the minds of idiots, financial reporters, and professionals who take advantage of such illusions.

The basic reason for a bull market in gold (if it resumes) is weakness in the dollar, weakness in the stock market, and enormous, continually growing balance of payment deficits.

Sure, gold has bounced up and down about 60 points in the past few weeks, mostly on pure emotions: fear, greed, and credulous belief in these silly explanations. You, Sir, are 100% correct!