The sharp jolt to the gold price last Thursday got me thinking. The 2,000,000 oz take down on October 11failed to penetrate the support at $1275. Another attempt a week later also failed. Now the whole world know the US is bankrupt of ideas to solve its problems and they will only get worse. I didn’t like changing course but I think the low might have come in already. The chances of another take down to the $1,000 area are receding. It is early days but my gut feeling is turning positive So I went back in with a 10% purchase today.