If gold keeps going up parabolically with a blowoff top then the bull market in gold could be over for several years. Best thing if gold pauses. Silver looks like it’s getting ready at the starting gate.
The question is weather this is the end of a ten year bull market in gold or just a waystation along the road to higher prices. I can tell you with certainty that this is the time to switch from gold and back into US Dollars since they are about to go on an epic romp higher. Dollars will go so high its going to break the economy and make the doubters have brain bleeds. Indeed their strength may send us into a depression. And all through it the Loonie will be in decline. So if you hold gold in CDN then you could be a double loser as you have both currency exposure and metals exposure.
Betcha we go negative by end of day.
Fully is a beast.
It’s Leftenant’s Fault
He called it…3500 top then reverse symmetry
The Cretins didn’t know about reverse symmetry..he gave them the idea
If gold keeps going up parabolically with a blowoff top then the bull market in gold could be over for several years. Best thing if gold pauses. Silver looks like it’s getting ready at the starting gate.
The question is weather this is the end of a ten year bull market in gold or just a waystation along the road to higher prices. I can tell you with certainty that this is the time to switch from gold and back into US Dollars since they are about to go on an epic romp higher. Dollars will go so high its going to break the economy and make the doubters have brain bleeds. Indeed their strength may send us into a depression. And all through it the Loonie will be in decline. So if you hold gold in CDN then you could be a double loser as you have both currency exposure and metals exposure.
Well, that’s the most uplifting post I’ve read in quite awhile.