Avocado Pit our resident gold permabear sent me a chart and asked me to update it in response to Northstar’s US Dollar post. He doesn’t have a Stockchart subscription anymore .<\/p>\n
I do have a similar chart which I constructed last year …Its the long term USD in Log form.<\/p>\n
It is actually quite striking.<\/p>\n
I call it ” BOINK”<\/p>\n
This chart was inspired by an infamous Rambus (from 2013) chart which he postulated a fractal to be played out in the dollar.<\/p>\n
Anyhow Its one that keeps me cautious on Gold. It’s very Bullish IMO and that’s why I say we need Gold to rise WITH the Dollar<\/p>\n
Avocado Pit our resident gold permabear sent me a chart and asked me to update it in response to Northstar’s US Dollar post. He doesn’t have a Stockchart subscription anymore . I do have a similar chart which I constructed … Continue reading ![\"\"](\"https:\/\/goldtadise.com\/wp-content\/uploads\/2019\/02\/BOINK.png\")
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