MY CONDOLENCES: Gold is Dead – PAYBACK’S A B**CH!

If last Friday marked the END OF GOLD’S RALLY, it would be the MOST MODERATE bull market for the metal in its history; therefore I don’t believe that was the closing bell. Unemployment numbers DO HAVE a strong correlation with the price of gold, but it’s NOT the ONLY determining one. In other words, surprisingly good results do send gold down, but only in the SHORT-TERM.