The RPG (real price of gold) as measured in broad commodities has made a break higher. This is just a simple daily view. A long term view is even more compelling as it weaves in all kinds of macro economic stories.
Stock market bulls are out dancing again today as Janet Yellen and Bill Dudley whisper sweet dovish nothings in their ears. Assuming this feel good fest terminates shortly, the RPG would go back about its business of rising. And that is significant for the gold stocks (you know, the sector everyone loves to hate?) one way and all kinds of other things in another.
http://www.biiwii.blogspot.com
http://www.biiwii.com
Stock market bulls are out dancing again today as Janet Yellen and Bill Dudley whisper sweet dovish nothings in their ears. Assuming this feel good fest terminates shortly, the RPG would go back about its business of rising. And that is significant for the gold stocks (you know, the sector everyone loves to hate?) one way and all kinds of other things in another.
http://www.biiwii.blogspot.com
http://www.biiwii.com
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