In this report, I cover the early market action from London on Thursday, December 6th, 2018. I look briefly at the precious metals, the stock market, the dollar, the bond market, and the oil price.
Today I revisit a couple of video reports I made about the dollar and in particular the dollar index and how at the time (back in 2017) I said that I thought the dollar had topped and was entering a long-term bear market that would lead to a long-term bull market in the precious metals.
My conclusion is that my things have not changed and that despite the counter-trend rally we have seen in the dollar index this year the cycles are still pointing to longer-term dollar deterioration.
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EOS: gmytknjugyge
BITCOIN: 1AkNoKzbZXJ75BbeGkD2ekUDJQNWDrBgMA
BITCOIN CASH: qzfcsu05c9ephzv8qzl7ysvn4lfclzneescfhre4r5
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DASH: XgCTCWbz
Long-Term Dollar Top Pointing to Massive Bull Market in Gold and Silver. Part 1.:
Dollar Supertanker Turning Slowly but Surely South.:
GOLD SET TO EXPLODE HIGHER KWN: https://kingworldnews.com/gold-bull-catalyst-top-citi-analyst-just-predicted-us-dollar-index-to-crash-below-70/
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Once again awesome video! I was just telling my grandparents yesterday night that with the inversion (I went ahead to talk to them about it after looking up more stuff since they got their assets in) that gold would always be a great thing to hold because it always retains its value.
A bull market in gold though would be really interesting. Makes me wish I was a bit older, done school and in my career so I could have the fiat to put into this stuff and learn more through experience and practice.
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Hard to disagree, it is crazy to me that the global economy seems to have a seemingly never-ending pile of new issues it is facing yet gold has yet to show any real strength to accurately reflect said issues.
Keep spreading that good financial literacy. Only way us common folk have any chance