Over the past few months, my research team and I have published a number of articles suggesting a broader market depreciation cycle has set up in the US/global markets that may propel precious metals much higher over the next 5+ years. If you have missed these, then check out Gold And Silver Follow Up & Future Predictions For 2020 & 2021 – Part I and Part II, as well as my recent Kitco News interview with David Lin.
Today, we are going to explore the possibility of a continued US Dollar decline, targeting levels just above 80. Gold has continued to contract just above a key Fibonacci Price Amplitude Arc, which may further prompt a big rally in precious metals in the coming months. Let’s take a look at some charts…
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LONG TERM GOLD/US DOLLAR CYCLES SHOW BIG TRENDS FOR METALS – PART I
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