"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •646 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 2,065.20 | -46.90 | -2.22% |
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WTI Crude •5 hours | 95.81 | -2.06 | -2.10% |
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Gasoline •5 hours | 3.016 | +0.015 | +0.51% |
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Ethanol •646 days | 2.161 | +0.000 | +0.00% |
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Silver •646 days | 30.82 | +1.16 | +3.92% |
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Silver • 646 days | 30.82 | +1.16 | +3.92% | |
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Copper • 646 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 4 hours | 95.20 | -0.72 | -0.75% | |
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Natural Gas • 5 hours | 2.652 | -0.018 | -0.67% | |
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Heating Oil • 5 hours | 3.745 | -0.192 | -4.87% |
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This aging bull market may…
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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