Gold One More Leg Higher and the Case for A Last Leg Lower

As predicted in my Current Thoughts, the Fed did not raise interest rates and Yellen once again has egg on her face from last December where the Fed was scheduled to have 3 or 4 more rate increases for 2016. Now there may be zero rate increases if what I foresee occurring in the economy takes place. What this means …

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Currency Implosion Venezuela; Who’s Next and Gold Thoughts

I guess I might have surprised some with my comments in Current Thoughts yesterday on a bounce now in the precious metals.¬†When I say in my comments certain things, all the other pieces have to fall in place. In this case, the dollar has to test its recent lows too and yes, the ECB can trump current thought this week …

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