Loading ...Things Are Changing in a Big Way
Time to start thinking bullish again folks. Remember, when this saga is over the Dow Jones Industrial Average and an ounce of gold should have around the same value. The Dow is over 20,000 right now and the Fed’s monetary policy is still more accommodative than it was during the depths of the DotCom bust (2002-2003), so think about that. Things are about to heat up IMHO.
Not to mention debt-to-GDP is currently around 3x what is was 1976-77 (according to my dejavu timeline model).
Yes Agree….
Inverse H&S in the making. Needs some more time!
Time, time, time…always the snag in the works, that stuff we call time. Sigh.
Well, the shares sure aint buying today’s bump in price. Nope, they are not. Despite the downdraft earlier this week. Such a tepid bounce…just can’t count on these guys, until suddenly, BAM! Thar she blows!!!
Maybe due to copper prices being down 2.5% today. Who knows why they’re lagging?
IHS on NUGT 15 possible too…
I don’t buy the 1:1 Dow Gold Ratio.
That’s a fairy tale IMO…why does that have to happen ?
The Dow and Gold are rising together at this point…That happens often
They are NOT necessarily antagonists