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Gold Update: The Bubble Phase Is About To Begin

March 21, 2023

In my last update, a few days ago, I thought that the dollar looked like it may have completed an intermediate top, and gold an intermediate bottom. Still a little too early to tell on the dollar, although I think if the FED balks on Wednesday and fails to raise rates at least a quarter point, then I think the dollar will crash and that will be the for sure top. There's little doubt at this point that gold completed an intermediate cycle low....

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