...when Gold can rise in a strong fashion despite a rising USD and US 10 year yield, while breaking new highs, we can start believing that this rally is unlikely to be like fake ones in recent past, on the contrary it may be signaling the beginning of a multi-year gold (and silver) bull market.
...this is the point where Gold stocks ARE Gold. That said, with an equity correction probably in the works or at least in the proximity, it is also time to be a little cautious on gold stocks in the short term, although they have a lot further to run in the longer term.
Gold has shown incredible strength in recent weeks after 4 years of consolidation There’s nothing like price to change sentiment
https://x.com/GameofTrades_/status/1775896103327608948
The last three times $Gold broke out from a significant high, there was an impulsive move of 350%. That would get us to about $8,600 this time.
https://x.com/DowGoldEquals1/status/1776645901878005794
...when Gold can rise in a strong fashion despite a rising USD...
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