USD bubble appears to have topped at the same time gold appears to have bottomed. ANL up sharply today on OTC (14%) on stronger-than-average volume. USD has an inverse relationship with gold prices, with USD leading gold price movements. And gold price movements have an outsized impact on gold mining shares (ref. Intermarket Technical Analysis by John J. Murphy).
Good times ahead for shareholders IMO. I expect imminent newsflow to benefit from these tailwinds and result in positive price action.
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