Extreme Chops Are Tough

Extreme chop or "according style" consolidations reflect the voilence inherent in the trend. They are often tough manage and experience. The current consolidation, nevertheless, remains in tact despite today's painful drop.

Extreme chops are as much time as price dependent. When TIME is right, the market will once again reflect the reality that global policy makers have no choice but to continue down the path of currency depreciation. Currency depreciation, which is diverting an increasing portion of global capital flows into gold, continues to one of the few, if not only, politically viable solutions to the world’s growing debt and social burdens.

Turn off the trading screens and follow next week's money flows to reveal the true movement of capital in gold.

Gold ETF