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Lets take an in-day snapshot of gold vs. several key competitors (for your investment dollars/euros/yen, etc.) and check the progress in turning the macro from risk on to risk off, cyclical to counter-cyclical. Gold/Commodities motors along above the SMA 200. The move has been hysterical, and thus looks impulsive. That could mean something as we look back in hindsight one day.
Tags
turn
gold
slowly
slowly turn
Category:
Investing
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