The Phaserl


OPTIMIST OR PESSIMIST?…Gold is telling a story

by The Aden Forecast, Gold Seek:

Gold’s been frustrating, to say the least. Plus, its characteristics changed in September.


Gold failed to rise during its best seasonal time, and when the dollar was declining. These factors alone were bearish signs.

In addition, gold jewelry demand was the highest since 2010 in the third quarter, when buyers in Hong Kong and China pushed demand up 40% and 35%.

It’s also reported that American Eagle silver coin sales are up at the U.S. Mint, while gold sales are up at the Perth Mint.

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1 comment to OPTIMIST OR PESSIMIST?…Gold is telling a story

  • Frank Zak

    In my generation the Aden Sisters were the best callers
    of gold and quite famous.

    Finally they blew it big time, way back when.

    When asked why they finally blew it they said,
    Yes we knew gold was going to fall, but we just couldn’t
    find it in ourselves to tell people the harsh reality….
    What they did not want to hear.

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