18 Feb 2020 Gold hits $1600USD overnight

Gold $1600   A 60% rise since Dec 2015 is very impressive in anyone’s book. Jim Rickard’s has always stated that if the price can hold over 1580 the institutional money would enter the trade. Let’s see. This is not the time to place a trade or become fixed to an event. There is a time to trade and that was in the past and will be again in the future when we can see direction of the price.