Browse Symbol Stacks: GLD: 20171211_eod1.jpg (965×504)
I think my stack actually shrunk a little today.
It's strange because weakness in the dollar used to correspond with strength in gold. (It takes more dollars to buy a certain quantity of gold.) Looking at a chart of the dollar, it has fallen considerably since last year. I don't know what to make of it. If gold falls below $1,000, I'd be a buyer
Asian and Middle Eastern investors have switched from Gold to to Bitcoin as protection against Fiat's becoming worthless....easier than buying gold...at least for now. Crypto's may well become the worlds currency for all transactions.... that makes sense and may happen. How that ties to their value is yet to be determined....begs the question are we early in this stage or late?