Well looks like Risk is on. I was so sure they would smack down to the $1350 USD level; but hey we can't always call the right thing.
Rates were an easy call as the FED has boxed themselves into a corner. Canadain price for gold has done well and should be approaching $1900 CAD soon. Just shows how much CAD has eroded compared to USD. Remember the USD is the cleanest/dirtiest currency in the basket.
Silver is incredibly undervalued; with an incredible ratio of 90:1 Silver:Gold
QE4 looks to be pricing in folks. I wouldn't get too excited other than WWIII spiking prices. That's not a pretty prospect either.
Gold is an enemy of USD FIAT. EXPECT CAPS AND CONTROLS!!!
Now to crypto:
Although Crypto is a relatively new financial "instrument", it's moves are dramatic and there will be some sharks just waiting to catch some profits. Generally we look for 5 waves up and it's approaching soon. Expect a correction and profit taking. If we don't get anymore FED surprised or WWIII I expect a correction VERY SOON. Perhaps it would be a good time to tether.
Well that's my analysis for 2019/06/25. Don't expect much difference tomorrow.
PAL ON ;)