I don't know why everyone is worrying but keep climbing that wall of worry because it's exactly the sentiment that fuels bull markst
The USD gold price didn't make a major high at USD3500.00. How do I know this?
Because we are in a re-run of the 1972 thru 197 bull move, which means we are not even halfway, and the April top is the USD gold price is only a "MINOR swing high" and the price break above USD3500.00 soon, and advances to USD5000.00 before year end. The RBA just made the biggest mistake in their history, because they'll be forced to reverse hard, because rates are going higher NOT lower and the property market is going to implode US yield on the 30 just broke 5%. Central Banks have lost control. The US 30 governs US mortgages and Australia will NOT didge a bullet in the property market this time around like it did during the GFC
It's GAME OVER for property and GAME ON for Gold and gold miners
RMS Price at posting:
$2.74 Sentiment: Hold Disclosure: Held
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