[1]Gold has broken above its 200-day moving-average and pushed back into positive territoiry for 2015 amid a notable surge in prices (after whipsawing around in the last 24 hours). As the USD Index suffers its first 'death cross' in over 2 years, perhaps Paul Singer's comments are starting to gather momentum [2].
[3]
Gold is now up 4 days in a row, back to 4 month highs...
[4]
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/news/2015-10-14/elliotts-paul-singer-world-intentionally-degraded-currencies-gold-should-be-everyone
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/10/20151014_Gold1_1.jpg
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/10/20151014_Gold2.jpg
