Friday , 23 February 2024

Tag Archives: Dow to Gold ratio

“Gold is Going to $660/ozt.” Hardly! Here’s Why

John LaForge, commodities strategist at Ned Davis Research has said that gold should drop about 40% lower than where it is currently trading down to $660 an ounce. I think LaForge is dead wrong and this article argues the reasons why the gold market has not yet peaked and why we are in a counter-trend correction within the long-term bull market.

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