Loading ...Gap Fills = Gift Opportunity
If you have been waiting to get into gold and silver miners and or add to positions, this morning should be a good opportunity to do so. As I indicated yesterday in my post about NEM, it and most miners created gaps at yesterday’s open. I expected they would be filled this morning. As I also stated in a comment regarding the dollar, I expected a bounce, likely today. It should be short lived as the dollar has clearly topped, has broken below the 50 day and is working it’s way down towards the 200 day. Check the charts for your favorite miners and look to buy around those gap fills.
The dollar has no where to go but up. I hope you’re right though.
This is more likely: https://goldseek.com/article/600-gold-possible
I wouldn’t hold my breath waiting for gold to reach $600. The author is a fraud for using “inflation adjusted” to try and justify such a ridiculous price. You can adjust something priced in fiat currency for inflation but how do you inflation adjust real money, ie gold, when it is the metric that one uses to measure inflation in the first place?