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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (163622)11/18/2021 11:35:43 AM
From: yard_man  Read Replies (1) | Respond to of 222173
 
>>
With all this inflation talk, by now gold should have been much higher... wouldn't you think so???
<<

No what I see is a breakout and incredible resilience in the face of a number of recent things:

Dollar on a tear upwards

Higher interest rates

Popularity of other hedges -- especially the blockchain currencies

I don't ask -- why hasn't gold launched? I ask why the breakout hasn't failed in light of the above.

Of course it still could crater ...