Everyone is looking at GOLD now that we have broken out to a new ALL TIME HIGH. Gold has been the reflection of the Reflation Trade (easy money !!) since 2000, when the REAL BULL died and nobody noticed his disappearance because of Greenspan/ Bernanke putting the entire market on PROZAG.....
How long can it run ??? Nobody knows, but what we do know is that this chart likes explosive 3-6 months moves once it breaks free....
Could we see another round of consolidation before the effective Break Out ? It's possible as possible as the case that we have just experienced the Break Out....
THE MARKET WILL TELL US !
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