Watch the dollar index. When it drops below 80, the central banks become desperate to raise it back above that "magic number". One tool they employ is to sell gold futures. One day soon that tool will not going to work any longer, IMO.
Watch the dollar index. When it drops below 80, the central banks become desperate to raise it back above that "magic number". One tool they employ is to sell gold futures. One day soon that tool will not going to work any longer, IMO.
I've been waiting to put my 401k completely into gold and oil. Think we're close?
