View: slopechart_GLD.jpg
slopechart_GLD.jpg
GLD in a delicate posture.
Purple dashed lines are the Cloud. 200ema is right about where the green uptrend line is.
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GLD in a delicate posture.
Purple dashed lines are the Cloud. 200ema is right about where the green uptrend line is.
Gold’s behavior is antithetical to the supposition. It would be much higher were it a shield against printing-press inflation. And it would be, were we confronted with that prospect. Like the generals of old, Gold Bugs are preparing to fight the last war. 1/23/21