Hitting 1900 USD today?

Look to the right side of the page and watch the KITCO gold chart showing the price for 1 ounce going through the roof. Are we seeing the fall of the 1900$ barrier? I think so. Now interestingly this time Silver is also going up in parallel. While I leave the analytics to people like Turd Fergusson it looks like real panic is taking control, especially when the DAX took a hit this morning.

“I recommend you panic!”- Hugh Hendry, 2010

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