"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •330 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 1,073.40 | -6.00 | -0.56% |
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WTI Crude •10 mins | 60.75 | -0.19 | -0.31% |
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Gasoline •4 hours | 2.039 | -0.020 | -0.97% |
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Ethanol •330 days | 2.161 | +0.000 | +0.00% |
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Silver •330 days | 30.82 | +1.16 | +3.92% |
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Silver • 330 days | 30.82 | +1.16 | +3.92% | |
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Copper • 330 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 36 mins | 63.95 | -0.20 | -0.31% | |
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Natural Gas • 10 mins | 3.540 | +0.018 | +0.51% | |
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Heating Oil • 4 hours | 2.035 | -0.014 | -0.66% |
Modern monetary theory has been…
More freeports open around the…
This aging bull market may…
Figure 1 shows a weekly chart of gold (cash data). The price bars marked in red are those times when our Dollar model (see this article) suggests an upward trend in the greenback.
Figure 1. Gold/ weekly
Over the last 10 years, gold bottoms when the Dollar Index embarks on an uptrend. Despite what most investors believe, Dollar strength is good for gold.
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