This gold name is doing a lot of right-side movement in accumulation. For me, it's a safer environment for wealth creation based on its low volatility compared to other gold names. I also believe Gold will only increase in strength due to the increasing amount of money leaving other asset classes around the world and moving their funds to other store holds of wealth and Gold being one.
Today you one of the worlds largest reserve currencies threatened by a series of events unfolding such as an infinite amount of monetary policy, staggering debt levels and the threat of inflation which all, in turn, threaten the US reserve dollar status.
US Dollar Index (weekly) - Multi-year support zone broken (Money leaving the house)
