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Gold's breakout started in June 2019!

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold's breakout in June 2019 was BEFORE Covid or Vaccines. Silver also started following gold's footsteps in July 2019... Both above their 1 year moving averages. The macro wheels driving this are BEYOND current daily news or events. Until a Paul Volcker moment arises, where nominal rates are wayy above inflation rates, then precious metals will have a nice tailwind. #inflation #debt #gold #silver #insanity #legendary $slv $gld #fintwit $sil $silj $gdx $gdxj

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