"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •294 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 982.70 | +3.10 | +0.32% |
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WTI Crude •10 mins | 63.04 | +0.77 | +1.24% |
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Gasoline •10 mins | 2.100 | +0.016 | +0.76% |
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Ethanol •294 days | 2.161 | +0.000 | +0.00% |
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Silver •294 days | 30.82 | +1.16 | +3.92% |
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Silver • 294 days | 30.82 | +1.16 | +3.92% | |
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Copper • 294 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 10 mins | 66.82 | +0.70 | +1.06% | |
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Natural Gas • 10 mins | 2.967 | -0.055 | -1.82% | |
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Heating Oil • 10 mins | 2.143 | +0.016 | +0.74% |
Stocks sold off last week…
Forever 21 filed for Chapter…
Modern monetary theory has been…
There is a long term bullish US Dollar cycle due to have a run. The short term cycles are implying that things are warming up for a US Dollar rally. This is not good for risk on trade, 60% of all SP500 company sales are helped by a low US Dollar.
If the US Dollar rally gets serious, and that means gains of 12% or more, then GOLD over $2000 will be delayed.
Shorter US Dollar Cycle
Previous Forecast posted in May 2011
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