Gold to $10,000?

Gold's Cash Index has gone parabolic this month, increasing 27% from December's settlement of $4,325. The Indexes daily chart shows gains of $100 to $200 becoming common as the market finds little resistance. Given Gold is THE safe-haven market, this historic rally by the Cash Index speaks volumes about the global economic and political situations at this time. Last October, I wrote about how Gold’s Cash Index (GCY00) looked to be on the path to move beyond the $5,000 mark that month. It didn’t qu ...