PDI Chart and T/A, page-815

Yup, been saying this for months, whether rates continue increasing in this continual high inflation environment or whether central banks halt rate rises go down the path of QE, we will see gold prices advance imo. We have now got to the point where there is no positive path for the global financial system. Therefore there will be fear and panic regardless of what takes place from here on in. This is all fantastic for gold because investors will be moving to hedges and safety and raising the percentage of their portfolios to these safety havens. Even a small percentage increase of this liquidity to gold will be enough to push gold prices up to new records in the months ahead imo