Quote from: tabnloz on June 29, 2016, 08:57:00 AM

Quote from: iamnotback on June 28, 2016, 08:26:51 PM

Quote from: tabnloz on June 28, 2016, 09:34:28 AM

TPTB_needswar: That's not to say it will continue but unless there is some miraculous central bank inspired magic trick coming, how does gold plummet after this?

Strong dollar = crashing gold (at least initially)

Trump victory will also support a strong dollar.

What I was trying to get at was the question talked about in the video: USD & Gold both increased on Brexit vote, so does this indicate that a sovereign debt crisis in Europe (if that what it morphs into) is the reason for this trend, against current thinking?

Yup, a rising dollar usually does mean a fall in the price of gold. But, not always!

I forget who, but one of the commentators I read says that when BOTH the US$ and gold go up (sharply), "The End is Near".

So, there. Now you all know a signal to watch for.