Loading ...Gold was $300 Silver I think $4 and most commodities were on lows in 2001 with a 120 Dollar.. The new president had to put tarffs on lumber and steel, until they got the dollar lower to inverse prices higher. After which they dropped the tariffs.
This situation imo is a continuation of the 2001 uptrend with a multi year interruption or correction because Gold got too high at $1800 and needed time to digest. The trend restarted in late 2015 – early ’16. Interest rates net falling after 2000
gold: https://www.mrci.com/pdf/gc.pdf
silver: https://www.mrci.com/pdf/si.pdf
Dollar: https://www.mrci.com/pdf/dx.pdf
Bonds, Up trend, are falling rates: https://www.mrci.com/pdf/ty.pdf