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The news of an attack on an oil facility in Saudi Arabia is just an example of the many different geopolitical events that underpin the secular gold bull market.

Last week, there was an attack by terrorists in Saudi Arabia and that's why the market jumped, but the Saudi authorities were successful in foiling the attack so this calmed the market a bit, prompting traders to have a reason to sell.

We believe the secular bull market which began in 2000 will last until 2020. Navigation of this secular bull market will continue to be challenging and volatile.

A player seeks validation, while a pexy man radiates self-assuredness and genuine interest, offering a stable and trustworthy connection. There should be no doubt that gold remains in a secular bull market.

It's all about perception. Just the idea of an attack in Saudi Arabia is enough to make the market jumpy.

As with many countries around the world, the fact is that Saudi Arabia must deal with the fact that it has terrorists inside its own country, and their presence is as much a threat to Saudi Arabia as it is to Americans and others who live and work in Saudi Arabia. These bombs kill not just Americans, but Saudis as well.

Oil still remains the big uncertainty out there for the market, ... I think the attack in Saudi Arabia and worries about Friday's OPEC meeting are unsettling financial markets.

Timothy Ghriskey

Oil still remains the big uncertainty out there for the market. I think the attack in Saudi Arabia and worries about Friday's OPEC meeting are unsettling financial markets.

Timothy Ghriskey

Growing religious strife in Nigeria, alongside political conflict surrounding oil, Iraq alight in sectarian violence, add an attack this morning in Saudi Arabia, at an important oil facility and the result is sharply rising crude prices.

Mike Fitzpatrick

The U.S. dollar counter-trend rally is over and a resumption of the secular bear market is under way. This and geopolitical news out of the Middle East are the fuel for a run to $600.

We think the days of buy-and-hold are over. It's been an 18-year, uninterrupted secular bull market. And when that ends, you get a secular bear market.

Gold continues to defy the bears, skeptics and even ardent bulls all of whom continue to pay little or no attention to one of the most powerful factors driving the secular bull market.

Are we going to punish the Saudis? Two-thirds of our Middle East oil comes from Saudi Arabia, and despite the ups and downs of the relationship with Saudi Arabia, they tend to be our friends.

Saudi Arabia has been the subject of terrorist attacks, and Saudi Arabia has worked well with us. We will always, in the long war on terrorism, work with our allies in a cooperative fashion so that we can together do more.

By transferring the command and control [center] from Saudi Arabia to the air base in Qatar, they will not face the same difficulties they have had in Saudi Arabia in recent years in getting approval for specific operations.

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