Gold and the US Dollar

This evening my attention was drawn to an article on “The Streetwise Report”, by Rudi Fronk and Jim Anthony.

https://www.streetwisereports.com/article/2018/09/10/for-gold-its-all-about-the-dollar.html?utm_source=delivra&utm_medium=email&utm_campaign=Resources%209-11-18&utm_id=35780958&dlv-ga-memberid=921076290

The article gives a bullish outlook on the price of gold whereas they look to the incredible short positions in the gold market and their doubts on the sustainability of the US Dollar.

Everyone knows that the price of gold is heavily influenced by the US Dollar, but will the “greenback” holds its position. That is doubted by the writers of this opinion article, taken into account the possible downsides effects of the US-China-Europe trade war which is reaching a critical point.

My feeling is that they touch a nerve in the present system and that the markets will eventually regulate itself. However we also know that the market is strongly manipulated or regulated so this market regulation may take awhile.

I thought this article was interesting enough to share with you all.

Study the markets well and make your own decisions based on that.

Enjoy!