"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •273 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 989.10 | -6.10 | -0.61% |
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WTI Crude •10 mins | 70.01 | -1.70 | -2.37% |
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Gasoline •11 mins | 2.252 | -0.079 | -3.38% |
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Ethanol •273 days | 2.161 | +0.000 | +0.00% |
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Silver •273 days | 30.82 | +1.16 | +3.92% |
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Silver • 273 days | 30.82 | +1.16 | +3.92% | |
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Copper • 273 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 10 mins | 73.28 | -1.67 | -2.23% | |
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Natural Gas • 15 mins | 4.001 | -0.054 | -1.33% | |
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Heating Oil • 12 mins | 2.251 | -0.071 | -3.05% |
Stocks sold off last week…
It’s a mistake to view…
Forever 21 filed for Chapter…
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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