“I imagine some of you think that I’ve lost my mind when it comes to those very long term charts for gold which shows a potential generational H&S top building out and what that means for gold. I don’t say massive or generational pattern lightly as I know it can be very hard to take if one is super bullish on gold. My job is to analyze what gold is showing us, from a Chartology perspective, from the short term to the very long term in an unbiased manner which can be hard to do sometimes because it goes against the grain of what most of the gold investors believe.

There are so many reasons that gold has to go up from the fundamental side of the equation, but the fundamentals are usually two steps behind the technicals. At some point the fundamentals will be right, but by the time it becomes obvious to everyone it will be time for gold to shift gears again leaving everyone two steps behind.”

for Rambus Members

https://rambus1.com/2018/11/11/weekend-report-169/