ITS TIME
For Gold to Rise in the Land of the Rising Sun !
The Yen and Gold have been joined at the hip for a LONG time now
Gold cannot enter a Bull Phase until this Changes…In a Real Gold Bull Gold
God’s Currency Kicks Butt in all Currencies.
Maybe just Maybe
Fully’s Fearless Freediction
IF this ratio breaks 15…we will have our Bull !
$1200/(93.64/100)=$1281.5 Spot Gold = $1278. Oversold by $3.50 currently.
When was the last time anybody bought physical?
This IMO is sideways market until physical buying happens and that requires inflation. Otherwise this is a sideways Overbought Oversold play. $1090 if the $USD goes to 110 and $1500 if the $USD goes to 80.
Interesting Fully. I have a weekly version I will post shortly. Let me know your thoughts. Thanks