Goldtent TA Paradise

US Dollar Log Chart

1. Enilder says:

   February 18, 2017 - 10:55 pm at 10:55 pm

   I’d like to see that backtest the trendline but seems unlikely. It will mean a significant collapse in USD…Sub-90…we will know in few months. 🙂

   • MatthewGoldman says:

     February 19, 2017 - 5:37 am at 5:37 am

     But $ 15 year cycle is supposed to end this year although Armstrong has a 17 years cycle.

2. Highroller says:

   February 19, 2017 - 1:14 am at 1:14 am

   I was asked: “Can the dollar and gold rise together?” Yes! However, that variable comes into play when all other avenues become closed. What happens is much like the bubble in Japan. The yen was rising and that attracted some foreign capital, causing the Nikkei to soar and that attracted even more capital. A shares market can also rise with declining currency value but that relationship is associated with DOMESTIC buying as a hedge against inflation. Therefore, gold and the dollar can rise together ONLY when it is international capital flows. That did not materialize 1980-1985 because the gold rally began because of the declining dollar. This time, we may have more capital fleeing the rest of the world so that moves into US dollars, US shares, and gold. However, that scenario precludes gold rising to wild and crazy numbers anyhow and it certainly rules out the hyperinflation nonsense. The exponential rise in gold will come only after the dollar peaks and capital then once in US dollars starts to shift from PUBLIC (bonds) to PRIVATE (assets).

   • MatthewGoldman says:

     February 19, 2017 - 5:34 am at 5:34 am

     The probability of Au n $ coupling up is getting more likely because of rising global uncertainties, proxi FED chair Trump, EU and Far East events.

   • Fullgoldcrown says:

     February 19, 2017 - 8:37 am at 8:37 am

     You are quoting Armstrong obviously

     • Highroller says:

       February 19, 2017 - 1:16 pm at 1:16 pm

       Ya, I get around, more than 1 way to skin a cat. Thinking lately that with all war machines on the move and elections and money printing ya’d think gold be shooting up stronger??? Me smell weekness and correction.There’s your red arrow.