Here is an old chart I used to use in NFTRH as we confidently managed the real bull market in gold, as was qualified by the relic's bull market in all major currencies. Gold got a little too frisky and that is being worked off now, bringing out the "gold is a bubble" crowd that just cannot wait to be proven right. It's not a bubble spanky, it's a barometer; and not just in USD.
The various markups on the chart apply to analysis I was doing at the time (August time frame). It is presented here simply to offer a calm view of things during a noisy time. Does gold look unhealthy in any of the currencies? I didn't think so.
http://www.biiwii.blogspot.com
http://www.biiwii.com
The various markups on the chart apply to analysis I was doing at the time (August time frame). It is presented here simply to offer a calm view of things during a noisy time. Does gold look unhealthy in any of the currencies? I didn't think so.
http://www.biiwii.blogspot.com
http://www.biiwii.com
0 comments:
Post a Comment