Gold is all in the dollar.They are completely inverse eachother with the short term exceptions of the hedge/momentum players pushing too far either way.
Inflation=increase money supply. I think there is little doubt we’ve had plenty of that. I believe we’ll have even more when the foreigners stop buying our debt and the fed starts monetizing it. If they haven’t already.
If you cut out all the noise and look at every instance in history that a country (well empire) debased it’s currency as we are then you have to be gold bullish.
Chris, I like technical analysis also but I truly believe without a fundamental view it won’t work.
