GREY:VITFF - Post by User
Post by
Invest4Life2016on Dec 01, 2016 2:26pm
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Post# 25542017
U.S. Dollar in it's 3rd Bull Run Since the 80's!!
U.S. Dollar in it's 3rd Bull Run Since the 80's!!A strong U.S. Dollar index of 1.10 extinguished the last significant gold bull run. Once the dollar broke 1.00 it only took two months to break 1.10 which sent gold to it's knees and kept it there for 3.5 years as the dollar peaked to 1.64. A bull run in the dollar is gold's worst nightmare that gold bugs will be waking up to. I know it seems far fetched for now but these are the times we live in so the game must go on to instill confidence that economics are improving to prosperity for all. What better way than markets and the U.S. Dollar to break new highs while gold is left laying on a floor where it won't pose a threat for some time.