Russia's gold reserves have been increasing in the last few years, but it seems that inflationary woes in particular have the nation stocking up on the yellow metal again.
These secular bear market in the US Dollar lasts usually 6-8 years. The bull market likely ended early 2020. The $CRB has started a secular bull market..
Bitcoin is an even better bellwether than Apple, since it lucidly captures not only the methodical rigging of the investment casino by Wall Street hucksters, but the unmitigated craziness of the players.
Currencies are the most manipulated markets on the planet. The intermediate cycle low is over? Will the gold cartel attack gold here near the 200 d.m.a.? A hard stop below $1,760-pivot is a good idea..
Gold $1,796.80 and $1,799.60 are the two major moving averages to break above today. Gold will get over this, I believe it will. What will happen then?
November third meeting for the FOMC, the US Dollar Index is correcting and a "big game" tapering talk will help it to reverse but this will fail. Gold will have a lot of attacks..
