Gold making another swan dive early this am, dollar going
straight up. Maybe world thinks the election results bullish for
US.
Two charts here - 1st one - may want to save in your S/C
portfolio - compares USD to a lot of different asset classes - 2nd
one primarily a 15yr GOLD chart with support levels - What's
interesting about the 2nd chart is that if you notice the SPX has
generally followed the other commodity classes until about 2011 and
while everything else has rolled over SPX as we know it has kept
going.
Received a solicitation from Harry Dent this weekend for one of
his products and though I don't subscribe to any of his material, I
do respect and have read some of his studies he's done on
demographic trends. He's calling for gold to hit 700 range by 2016.
And then this am saw this post from Peter Brandt re GOLD
- http://peterlbrandt.com/chart-day-gold-breaking/
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GOLD
Posted by racerick on 5th of Nov 2014 at 05:33 am
Gold making another swan dive early this am, dollar going straight up. Maybe world thinks the election results bullish for US.
Two charts here - 1st one - may want to save in your S/C portfolio - compares USD to a lot of different asset classes - 2nd one primarily a 15yr GOLD chart with support levels - What's interesting about the 2nd chart is that if you notice the SPX has generally followed the other commodity classes until about 2011 and while everything else has rolled over SPX as we know it has kept going.
Received a solicitation from Harry Dent this weekend for one of his products and though I don't subscribe to any of his material, I do respect and have read some of his studies he's done on demographic trends. He's calling for gold to hit 700 range by 2016. And then this am saw this post from Peter Brandt re GOLD - http://peterlbrandt.com/chart-day-gold-breaking/