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RE: US Dollar & Gold: Is the USD about to collapse and Gold about to Rise ?
Update on 14-Jan-18: As I expected, the $USD has now fallen to my target at around 90 (see updated chart below) which is also a key support level. If this level does not hold within the next few days, I envisage it going down to about 80 with the price of Gold & Silver rising in opposition. This is a very important time for the USD !
Update on 24-Jan-18: The $USD is continuing to go down as I expected (see analysis above). As it appears to have broken below 90 today, my next target is about 80. However, it is currently oversold, so it may bounce back up in the short-term before continuing down again. This is a major development in the future of $USD and it's possible that its days as a reserve currency are numbered. On the other hand, this could be very positive for precious metals.
@vincentb @marketreport @good-karma @jerrybanfield @planecrazy1985
This important video just posted by our very own Greg Mannarino @marketreport explains why the $USD is going down.....a must watch...