thanks gj and paddington
just mulling it all over
tricky little period here with money flowing into $US as well as commods which i havent seen for awhile but i expect it does nt change the trends we have in place for gold and copper and oil
also depends on if use a chart which is inflation adjusted
gold high feb 1980 adjusted for inflation was $2650 - same level we are hitting here - so a little test coming up
if we do get through and we should then a whole lot of blue sky is waiting for gold
crude similar path to gold since 2000 - not as obvious cup pattern but similar
copper similar
all inverse to US$ over last 20 years but not quite so simple if adjust for inflation
key for me is rates and US$ under pressure for next year which supports commods over longer term
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thanks gj and paddingtonjust mulling it all overtricky little...
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