This Indicator is Not Yet Confirming Gold Rally
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.
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In 1969 gold was around $40 an ounce. This artificial manipulation is what keeps these banking criminals on top and you on the bottom. Takes a special kind of stupid to buy into this bullshit market manipulation. Better to buy lead instead. In seed form.