BOMBS AWAY! Big drop coming for Gold $XAUUSD due to BOJ Yen
已更新
Fed is withdrawing the punchbowl, which is causing inflation in all other currencies - blowing up economies like the BOJ who now have declared unlimited bond buying - and the FED hasn't even started hiking in a major way.
https://pbs.twimg.com/media/FPQi8kqXsAIXm0c?format=jpg&name=small
If you look at a chart of the Yen it's flashing warning lights. Look at what happend to gold when the Yen (who supports the carry trade) has devalued against the dollar in 1995 and 2010 - gold dropped precipitously.
https://www.kitco.com/scripts/hist_charts/yearly_graphs.plx?au95-99=on&au00-pres=on&submitauC=View%2BCharts
On top of that, the Yen pressures the Yuan - which will have to devalue to stay competitive against the Yen in addition to the inflation exported by the dollar.
https://pbs.twimg.com/media/FPQi8kqXsAIXm0c?format=jpg&name=small
If you look at a chart of the Yen it's flashing warning lights. Look at what happend to gold when the Yen (who supports the carry trade) has devalued against the dollar in 1995 and 2010 - gold dropped precipitously.
https://www.kitco.com/scripts/hist_charts/yearly_graphs.plx?au95-99=on&au00-pres=on&submitauC=View%2BCharts
On top of that, the Yen pressures the Yuan - which will have to devalue to stay competitive against the Yen in addition to the inflation exported by the dollar.
注释
A respected Fixed Income Invester had this to share about gold twitter.com/MacroStratChris/status/1509954039525613569?s=20&t=bRU3oKL14dkvTJu2_xmf4Q
注释
Either:A. FED hikes before May
B. FED hikes 1% in May
To make this the double top that'll replicate the 00's and send gold lower
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。