Send your friend this SP"The US dollar rally is tired and has...

Send your friend this SP

"The US dollar rally is tired and has today made a negative crossover of its MACD, indicating that the momentum of this rally is deeply tired. The uptrend line is coming soon and there is a possible bearish up wedge forming.

So it was time for a grandstand play to depress the price of gold by using the probability of increased interest rates as a lever. Talking heads and international investment firm analysts labeled the upcoming increase in the cost of the shortest term money as bad for gold. ABSOLUTE HOGWASH!

So do not fall for it. Send this missive to any gold analyst that says otherwise. They are simply WRONG. Gold will sustain me by beginning its rise NOW from the recent 9 day COT onslaught and move above $480. That is how I see it right now and firmly believe I am right. There is no hedging here."