A close above $1,929.10 will get things bullish. We are at a key point in this market.
Mine supply constraints and high Chinese demand for industrial metals will ensure that industrial metals rise throughout the year.
COT Gold Report - Positions as of Tuesday, October 20, 2020.
Debate in focus. Inflation coming now, no matter who is in power.
In this last post for the Quarterly Report I would like to update some very long term charts for some of the US stock markets and other areas to see how this secular bull market has been progressing since the 2009 crash low.
The US Dollar's rally was quick and did not get too far, rolled over. Plus Gold's C-WAVE move
When the cork is popped we expect this to be very bullish for both gold and silver. Now might be a great opportunity to position your portfolio to take advantage of the upcoming moves.
Interest rates higher, Dollar may get a bid and gold higher holding $1900 -- the 18 week closing average.
The most disgusting form of socialism is of course… socialism for the rich.
Gold has 18-week moving average at $1,900. If get the relief bill, will push gold higher.
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