i am thinking the same thing, looking at the last bull market in the USD 95-01 where gold bottomed 9 months ahead of the USD which went to 1.20. It was a 50% low from the bottom.
Reckon USD can go to 1.10-1.15 which represents a 50% move from the 2011 bottom and Gold could bottom ahead of time... We are closer to a bottom now than most think, final stages.
I liked your explanation about capital fleeing for a 'safehaven' bid in the US..
next few months will be great... look forward it
i am thinking the same thing, looking at the last bull market in...
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Last
63.0¢ |
Change
0.030(5.00%) |
Mkt cap ! $1.314B | |||
| Open | High | Low | Value | Volume |
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| 37 | 423503 | 62.5¢ |
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| 63.0¢ | 408864 | 27 |
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