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Posted by | Posted 12 hours, 27 minutes ago:
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I love your charts, however, what play would you suggest in either scenario, or should you insure yourself with a straddled position?
In response to the comment from Larry: A very reliable trend is the counter movement of Gold vs. USD, the usually do the opposite of each other. Gold is almost always a winning bet in a declining USD market.
However, with the tinkering that goes on with gold futures and value by banking interests and politicians, mainly because currency is debt based (fiat) and not standardized (tangibly exchangeable) you could see an unusual decline or stability of gold, silver (way undervalued), and platinum.
This will be because of a need to bail out war spending by printing more 4 cent notes. If tangibles become popular, either out of fear or strategy (inflation hedging), then currency losses strength and the wizards curtain is pulled back.