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@Buygold re Shares and Gold and US Dollar

Posted by Mr.Copper @ 11:36 on June 29, 2021  

On my chart with Dollar and Gold over lay, it looks like Gold peaked June 2nd, and the Dollar started up a week later, June 9th. Gold leading the Dollar??? So far Gold at $1754 looks like it’s all the way back to the April highs.

I think it all started around June 2nd with China talking about stopping speculations on metals prices, then Fed Head announced higher rates planned around June 16th gave Gold an extra $50 push down. So far about 7% off the $1900 high. As they say, when encountering choppy lateral action (around $1800 for a year) assume the prior trend is still intact.

(trend = collapse of the NWO global financial system that started 1913)

I see some green in miners showing up. Maybe the thunder storm is over already. Only one bad month.

Monthly bars: https://finviz.com/futures_charts.ashx?t=METALS&p=m1

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.