Gold Is Doing It Again
The US dollar cycle has turned and is likely to be under severe pressure over the coming months. This will significantly support USD gold prices.
The US dollar cycle has turned and is likely to be under severe pressure over the coming months. This will significantly support USD gold prices.
For now, they all provide “crisis value”, by simply being an acceptable fiat alternative to many.
The current year has a lot in common with 1973 (as illustrated in previous posts), and I have every expectation that we will see a great year for gold and silver prices.
There were two other periods in history that similar situations occurred, but gold actually was warning of a system collapse (or system bank run, if you will)
there is a relationship between significant Gold rallies and the US Dollar index.