Breakouts late in the cycle usually fail.. USDX case in point. Gold has not been successfully pushed below the 200 dma. Trouble keeping the gold price suppressed with weaker USDX..
Clearly, a buy and hold approach is superb for gold, but for the miners, and for silver, a more tactical approach is required. America is in month 18 of a 60 month war cycle...
Still a summer rally for gold could be in the works, however, the recent low is yet to be confirmed. Oil prices continued their relentless rise ignoring ...
How will gold unfold in the coming few years? There can be a blow off where I would not be surprised to see silver move to even say 250$ or $500/oz. Gold still is not showing..
