If gold goes under $600...and gold stocks continue to plunge...in the face of global chaos;
It may be time to call the bluff of the FED shills... Alas, I'm still holding out for those 52 week lows on gold shares... They are coming I suspect. The market is being distorted by central bank "management"...but that can't last forever.
To justify the big drive down of gold...the FED will have to continue raising rates for the rest of this year, or until FED funds hit at least 7% which is probably the neutral zone at this point.
