Loading ...Ororeef – let’s hope Lassonde is right and gold explodes. Now that crypto, or most crypto, has shown it is vulnerable, maybe we’ll see the money flow into pm’s.
Mr. Copper – I don’t follow the energy complex as closely as you, but gas here was at $2.71 a gallon today in the next town over. It seems demand is crashing in a lot of things.
Looking at the charts, our biggest moves came at this time last year from Jan. to mid-March. The USD moved sideways, and we started from about where we are now in gold and the shares. Both the shares and metals are bumping up against their 200 dma, while the USD is testing it.
Seems we could start a pretty significant move if they break the 200 day. They should and if so, we could get back to $2100.