GOLD 0.51% $1,391.7 gold futures

gold, page-75798

  1. 1,674 Posts.
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    Based on gold's consolidation for three years 2015-2018 (solid price equilibrium period) and the subsequent breakout and strength of the current trend, and the current macros, gold is going way higher imo. This trend has good volume and is still young. Currency wars are also driving gold in a big way, as countries fight to have the weakest currency.

    It's all tailwind for gold now, apart from deflationary pressure, but plenty of counterbalancing factors like no yield and lack of faith in currencies and government will keep big $$ in gold. Silver will probably move soon in a big way. Morgan is finally going to get his silver BOMB.
 
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