Currencies Racing To The Bottom vs Gold
Gold is heading upwards once again after taking a break. Monthly charts of gold priced in AUD, CAD, CHF, EUR, GBP,JPY, USD - GOLD SILVER RATIO AND US DOLLAR INDEX. Silver is currently out performing gold and it shows on the gold silver ratio. Looking for a pullback in the ratio, which one could interpret as metals having a quick dip then try to take a stab at 1800. The USD is currently testing its bottom trendline and a clear break of the trendline, IMO would push gold towards 1900. Is this a race to the bottom for currencies?
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