Loading ...Relax, late 2015 and 2016 and now is like 2000 and 2001 all over again. Stocks and dollar were high, commodities were on extreme 20 year lows. Gold at $250/oz. This time the LOW was $1060 in late ’15. Gold went 17% APY for 12 years.
The Trump effect got everyone thinking the dollar was going higher, so it did for about 6 months. Now its lower again, for 6 months, even with three rate hikes.
These days real estate, stocks, bonds too high. Commodities too low. The herd will notice this, and rotate objectives. Besides that, all the other countries are well off enough, that the global influences can get back to rebuilding the US economy, (with lower dollar back to 80) of which they put on “hold” in June 2014.
Look at the 2014 dollar adjustment, put us on hold, and them on stimulate. Now its THEM on hold, (higher euro et al,) and us on stimulate.
https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=m1
Gold chart, shows 1st and 2nd up waves, and late ’15, shows the start of the 3rd and last major up-wave, $3-$5,000, and we sell out for good to the newer younger crowd, and they can ride it down for 25 years. 🙂