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Strategies & Market Trends : Ride the Tiger with CD

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To: dara who wrote (301816)12/4/2023 12:18:17 PM
From: LoneClone  Read Replies (3) of 312289
 
Full steam ahead -- not.

It looks like last week was a false breakout in the price of gold, which instead turned a double top into a triple top. I still agree with Saville that the real breakout in the PoG will come in a few months once the 10-year US TIPS yield has declined far enough, which will be an indicator that the financial/monetary headwinds have abated.

LC
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