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Sunday, November 03, 2019 4:23:03 PM
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Watch for $USD 200 dma break down in the coming days for $NUGT breakout confirmation..
(Inflated dollar=more supply=lower $USD purchasing power=higher $Gold prices=higher $NUGT)
TRADE THE DATA!
I find it scary nobody is pissed about the dollar devaluation to prop up their buddies on wall street without congress approval or even a peoples vote our money buys less. Instead everyone cheers them on.
Guess everyone's in on the ponzi.
The devaluation will move gold based assets higher then overall equitys, but whatever..
Since Fed gave up and started being dovish, on avg, gold based assets out performed EVERYTHING and thats with out a serious mainstream movement..
Gold is making all time highs in most currencies. Dollar will soon join. ;^)
Glta
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