Historically gold has been smashed in legitimate bull markets ...
Dow is near all time highs and gold is holding up very well.
Conclusion ...uncertainty on a global scale is bullish for gold...massive debt bubbles in every sector is bullish for gold....The dow is extremely overbought... very bullish for gold.
The 2nd leg has begun and imo it will be more powerful than the 1st as global markets unwind.
We await.
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