I thought we might get another down but the chart has spoken.
US inflation. Gold is a leading indicator of inflation. Gold leads other commodities.
I think i posted earlier this year I was ready to quit TA over the lumber chart but this is what we will get. Insanity then a horrible collapse.
The time frame on this next boom bust will be much shorter I think than anything in the past. Too much debt too quickly and out of sync with the normal cycle.
The Brains Trust - 2021, page-855
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