Dryblower takes a gold reality check

LOOK away now if you’re hoping to read soothing words from Dryblower about the immediate outlook for gold because the reality is that pressure on the price is likely to get worse before it gets better.

Last week’s fall in the gold price through the $US1200 an ounce mark, was just the latest in a series of down legs which started three years ago, not long after gold hit its all-time high of $US1900