I think I’ve been vocal enough about my enthusiasm for gold. I’m delighted to see it is starting to show some real signs of life today (this is a 1 minute chart):
Here is a longer-term view, showing a well-formed consolidation pattern and, God willing, our hearty escape from it!
This, to me, is the ultimate repudiation of the central bankers. Here’s to $2,000, $3,000, and beyond!