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I just wish the golds had been allowed

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nowwhat2 Member Level  Sunday, 12/20/20 05:16:32 PM
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I just wish the golds had been allowed to run last week but they weren't allowed to (what with the quadruple witching, etc.)

Had a BUNCH of December 30 calls in Barrick (worlds' 2nd largest gold producer) but it was held back from rallying.....



And MAYBE this is why.....

And what Barrick does ?.....Most ALL PM stocks will do



A strong up-move in the dollar could really HURT gold(s) right now.....
The low on this last week was DEEPER than that shown.....for its' low was in fact 89.73





In fact, commodities MAY BE IN quite a precarious position here.....and they HAVE HAD quite a run !



Take lithiums' Albermarle for example.....

LITHIUM / Tesla / Gold / The Dollar





Although, bitcoin DID break out....






Gold 3 weeks ago.....






Gold last week.....Quite the desperation (last gasp) up-gap ?.....Or ?
2007


I doubt that Central Bankers would want THAT GREEN ARROW.....




They'd probably prefer a stronger Dollar......* See 3rd chart





That crazy March down-spike (which you've mentioned) was BRUTAL !.....What a time to load the boat in every asset class !

















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