The Long Term Trend Is About To Become Crystal Clear
Even to those who have been doubting it. We’re right at the point now, where gold and the US Dollar are about to cross a very important line in the sand, at exactly the same time.
First the log chart of gold. A clear breakout above $1300 in the current (upward trending) portion of the gold cycle is hugely significant…
Secondly, the dollar is now past it cycle highs and is on a long term cyclical downtrend. My personal view is that it will fall to between 60 and 70 as the cycle bottoms. Shorter term, the target is around 80…
2018 is going to be a lot more ‘fun’ than 2017 was. Many other commodity sectors are going to see increasing inflationary effects too. The uranium miners are up 30-60% since I read Graddhys posts a while back, then did my own research and took a position. On a long term view they have still hardly got going. I know they’re volatile, but risk/reward looks favourable to me at this point. The world doesn’t seem prepared for what’s coming. So much debt and so many bubbles everywhere you look.
Looking good.
You da man Northstar….pegging this many months now
PM Stocks hesitating here