Return of the Gold Standard

The latest from AEP at the UK Telegraph.

I know I’ve mentioned this before, but some years ago I saw this very respectable analyst go through his numbers and theories in very methodical fashion before coming to the ‘obvious’ conclusion that Gold must rise to around $25,000/oz. He thought the world was mad for not believing him and the rest of the world thought he was mad! Now he’s beginning to sound mainstream.

Talk of large stops above $1601/oz in the Gold market.