Even to those who have been doubting it. We're right at the point now, where gold and the US Dollar are about to cross a very important line in the sand, at exactly the same time.
First the log chart of gold. A clear breakout above $1300 in the current (upward trending) portion of the gold cycle is hugely significant...
Secondly, the dollar is now past it cycle highs and is on a long term cyclical downtrend. My personal view is that it will fall to between 60 and 70 as the cycle bottoms. Shorter term, the target is around 80…
2018 is going to be a lot more ‘fun’ than 2017 was. Many other commodity sectors are going to see increasing inflationary effects too. The uranium miners are up 30-60% since I took a position a few months back. On a long term view they have still hardly got going. I know they’re volatile, but risk/reward looks favourable to me at this point. The world doesn’t seem prepared for what’s coming. So much debt and so many bubbles everywhere you look.
I like your thinking. I'm a silver guy myself. Maybe one day I'll have the paper fiat to buy one of dem de'r Gold Ounces. RESTEEMED
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In my view, silver has a lot of catching up to do, and will outperform gold in the years ahead. The gold/silver ratio should drop significantly (i.e. both will go up, but silver will go up by a greater percentage).
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That's what I'm hoping. I hope your Steemit Site succeeds. I'll be around the vote you up on your posts. Just drop me line when you get new posts up.
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Great analysis and I certainly hope you're on the money!
I reckon 2018 will be a defining point in time for so many reasons.
With the high levels of international tensions at the moment, it won't take much to turn the "herd" towards safe havens and we all know what that could mean for PM's and Cryptos.
If you haven't already, now's the time to stock up and prepare.
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Hi Plumey. Agree with your comments.
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It's technically looking very good for 2018. There are a number of indicators suggesting that the 2017 Autumn correction is coming to an end. I think we might see a small pullback soon followed by a full assault on 1300 in 2018.
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I'm ready for a battle. Maybe this will be the year PM's shock the world.
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Yes, the technical are shaping up nicely.
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well you are right.... Its the time to invest in commodities...
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I think more people will begin to realise that, helping to fuel the coming surge.
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yeah thanx for sharing my friend...
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Welcome back! I hope that you and yours had a Merry Christmas. I am looking forward to many more of your posts in the coming year!
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Thank you. I hope you had a great Christmas. A very happy 2018 to you :-)
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You may find my latest Post very interesting...
COIN MAN by @pocketechange
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