Gold’s Gathering Gumption

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The fact I am bullish gold isn’t news. I wanted to offer up five charts to buttress my point-of-view. I’ve said a few words about each in the caption area.

slopechart HUI
Gold bugs index has some overhead supply from January to conquer
slopechart XAU
The gold sector is closer to a new high for 2020
slopechart GLD
Gold itself is higher now than it has been in almost seven years!
slopechart GC
Perhaps the most important chart of all, this is my analog which expresses why I believe gold may have some amazing years ahead
slopechart USD JPY
It has managed to be strong in spite of a relative strong US dollar. If the dollar slumps away from the Japanese Yen, I believe it will accelerate gold’s ascent.