BML 4.76% 10.0¢ boab metals limited

King USD cycle is dying - time to load up on metals exposures, page-2

  1. 9,768 Posts.
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    i should add - for those of you who dont undertand currency's role here - gold is a currency - not a commodity. silver is a currency whenever it goes into its bull phase (ie when it is being bought as poor man's gold)

    the fact USD gold price has risen so extremely in past 2 years despite a rising USD should tell you everything you need to know about the future direction for gold and silver now that USD has commenced falling

    while base metals act to somewhat different forces - what is in common is they are all psychologically linked to USD - and arent free to rise to natural price set by supply/demand until the King USD cycle is over and its 'gravity' headwind inverts and becomes a tailwind
 
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Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
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