Owning Gold Will Become The Norm For Large Funds, NOT The Exception

The folks at the Fed will debase the US dollar currency to an extreme degree, and this will finally lift gold & silver off the floor…

submitted by readtheticker

The folks in the federal reserve will debase the US dollar currency to an extreme degree, and this will finally lift silver off the floor.
Note: Readers should rewatch the silver back screen news video, here.
The following video looks at price action and Wyckoff logic.
More from RTT Tv

Chart in video

If gold moves, silver will trickle up on its back.

Paul Tudor Jones states he likes gold :

..”The best trade is going to be gold. If I have to pick my favorite for the next 12-24 months it probably would be gold. I think gold goes beyond $1,400… it goes to $1,700 rather quickly. It has everything going for it in a world where rates are conceivably going to zero in the United States.”…

The important take from the above is the messaging to the wider investor base that gold will be a likely choice for large funds, it will become the norm and not the exception. Gold is not a funny little yellow metal any more.

Caution: A bullish gold move is subject to a strong spike in the US dollar which may result from a sudden equity market crash.

More hard money fundamentals via Luke Gromen (Trade Ideas –  Real Vision Tv).

Ray Dalio talks weaker US dollar.

Fundamentals are important, and so is market timing, here at readtheticker.com we believe a combination of Gann Angles, Cycles, Wyckoff and Ney logic is the best way to secure better timing than most, after all these methods have been used successfully for 70+ years. To help you applying Richard Wyckoff and Richard Ney logic a wealth of knowledge is available via our RTT Plus membership.

NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote…

..”Don’t take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don’t be an impatient trader”…

Jesse Livermore

 

..The time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell”..

John Templeton

 

..”Until an hour before the Devil fell, God thought him beautiful in Heaven”..

Arthur Miller, “The Crucible”
[Contrarian Investing]

 

 

..”The stock market is filled with individuals who know the price of everything, but the value of nothing”..

Philip Fisher

 

…..“I measure what’s going on, and I adapt to it. I try to get my ego out of the way. The market is smarter than I am so I bend.”..

Martin Zweig