Gold Update: Higher Intermediate Highs

February 16, 2022

This hasn't happened in about a year in a half, but gold has made (marginally) a higher-high. We have not yet seen follow-through, but this is typical. The second or third attempt is when we usually get a breakout.

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USA has the world’s largest holdings of gold: 8,134 - representing 77% of its Total Foreign Reserves.
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