What should concern those trying to keep a lid on gold and silver price is this… I mentioned last year and beginning of this year that eventually gold would decouple from inverse corrections with certain currencies pairs and US Dollar Index as confidence in the financial regime fades, confidence in the central bankers fades and concerns regarding the socio political regimes globally. This may well be starting to happen.
Gold is starting to ignore USD JPY and US Dollar Index and 10yr.
Will keep an eye on this as this may be an early flashing light that we are in countdown mode to 'something'.
JFI
gold, page-34384
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