"Lets fight for the gold standard!"

Its here.

Crickets.

A good buying opportunity is coming - that is if you're able to find it.

...or afford it.

I think VK has implied that it will go down to around the $1500-$1550/oz range. Now whether or not the Premium over spot increases to something like $500/oz to offset the price drop I'm not sure.

1123
If I had unlimited money like the DS & wanted to deliver a death blow to Russia, the play would be to attack Gold since they just switched the Ruble to the gold standard. If I was China at the same time would jump in to sell off US market assets/debt causing final nail in the petrodollar and major market dip. Hopefully its just short term games since US has Gold reserves. But for sure the petrodollar is not going to last and we will need a new standard.