Gold price up over 1%, closing in on new record
Bullion is now 18% higher for the year, boosted by anticipation of Fed loosening as well as significant buying by central banks.
The last time I called an important bottom in the precious metals sector was on December 29, 2011 (). Well, it’s time for another important bottom. I believe the late December lows in the precious metals (PM) sector were THE lows for the metals, for the…