
MacroVoices #386 Lyn Alden: Energy, Inflation & much more
Macro Voices
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The Gold Futures Chart
If the dollar here remains in this down trend and we see breakdowns maybe down to 98 or even lower that can spell obviously weakness for the dollar but it would certainly be a bullish tailwind for a number of the different cross assets. Overall gold has held very close to its all-time highs and this 2000 level in my mind is is a nice clean round number to watch if whatever reason gold is given that push above that 2000 level it will draw some money flow. uranium stocks are turning up and most uranium stocks actually continue to be well accumulated and in a good clean trend. coffee and cocoa and sugar futures continue to do very well as does vesco agricultural fund ETF DBA.
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