While many gold and silver investors are frustrated that the price hasn’t kept up with the insane amount of money printing taking place around the globe, most are completely unaware that gold has massively outperformed the stock market over the past 20 years.
1.26 area resistance on the Euro to Dollar exchange rate. Expecting a top in the USDX rally early next week. In the same boat as the Euro.. video update.
With the levels of MMT ... TMM (total market manipulation) injected in the markets since Ben Bernanke cooked up the diabolical macro manipulation known as Operation Twist I can’t pretend to quant the past to the present…
The traditional Chinese New Year “firecracker rally” for gold may be a dud this year, but investors who followed my “buy into $1788 and sell some into $1966” recommendation are in great shape.
A daily cycle low hit in the USD? Resistance for USDX just near the 92 area. Gold breaking the $1,850 area support zone, gold will have trouble picking a bottom with the USDX rallying a bit.
