Bears take control of Gold

The safe-haven flows into gold were evident yesterday, but the world didn’t follow up with the expected sanctions or military support for Ukraine, so no real global economic panic as of yet. This is neither settled for Russia, Ukraine or Europe so I am expecting continued volatility. The sentiment is why traders shift from risk-on to risk-off and then seek out safe havens. Gold is clearly a good thermostat for how hot the problems in Ukraine and their potential to spill over into other areas are. If we were to ever go to WW3, gold would go through the roof. In that regard, I am hoping we get much lower gold prices. 

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1:14 GOLD