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Gold against the stock market remains weak and has a concerning technical setup. Gold must outperform the stock market to be in a real bull market as it was in the 1970s, 2000s and briefly from 2018 to 2020.
Gold can breakout amid rate cuts but if the economy is in a soft landing and not a recession, then don’t expect a sustained breakout.
Remember the Commodity Supercycle? Back in 2021-22 a lot of folk were talking up the Supercycle narrative, and for some very good reasons e.g. prolonged underinvestment in supply...
Silver breaks pennant support; $30.80 key for further downside Copper stalls near $4.176; bear flag warns of resumption of bear trend Mixed momentum signals; MACD lags RSI (14)...
Jared Dillian, author of multiple books and publisher of The Daily Dirtnap, remains long-term bullish on Gold and believes we will have to monetize the debt during the Trump...
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