BradMatheny

Gold & Silver Reaching A Launchpad with Currencies (like 2003)

Long
COMEX:GC1!   Gold Futures
Many traders believe the current setup in Gold/Silver is similar to 2018 or 2015. But the reality is this is more similar to 1999~2003 with a strong US Dollar and weakening global currencies.

As long as Gold/Silver continue to strengthen while the US Dollar stays strong, foreign currencies will weaken and wreak havoc on foreign markets.

Eventually, the risk levels will increase in foreign markets which will send FEAR skyrocketing. That will move capital into Gold/Silver and break the channel/trends that are currently in place.

I believe we are very close (possibly 2 to 4+ months away) from that breaking point.

Watch global Emerging Markets and foreign governments for signs of collapse. These will be the early warning signs that Gold/Silver are "T-minus 10".

Once the US Dollar peaks/turns, we'll be at "T-minus 3".

At that point, everything will be ALL SYSTEMS GO for Gold & Silver.

Pay attention. This is a huge setup for precious metals.

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