o.k. prediction time.....

Discussion in 'Gold' started by tolly_67, Dec 17, 2014.

  1. tolly_67

    tolly_67 Well-Known Member

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    The U.S. dollar is pausing before continuing to climb to the stratosphere for the time being. Gold has shown the occasional glimpse of breaking its price inverse correlation with the dollar.....but has it?
    I don't think it has.
    I think we have 2 more shake and bake moves left. That will be a big move down, a pause, then its final descent to its bottom price. Possibly $1030 U.S., maybe $930.
    Once gold breaks the negative correlation then it will be game on. A rising gold price and U.S. dollar will be a boon for physical holders.
    Of course there are no guarantees in this world. If you take the opposite side to me you still have at least 50% chance of being correct.
     

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