RUSSO'S RULES

Manipulation no, capitulation maybe

Much has been written in the last two weeks about price manipulation in gold since it fell through US$1,150/oz. It is always there but always grows when the price slips through key support levels.

The plain and simple truth is gold in US dollar terms is in a downtrend. Markets in a downtrend fall, then they trade sideways and occasionally they have rallies that suck a few people into thinking the...

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