August 31, 2015
The price of gold has been very strong against other precious metals as well as other commodities in general. Last week the price of gold rallied above resistance on Monday and almost hit $1170 only to fall back and close the week at the $1130-$1135 pivot point. In my latest article for Seeking Alpha I explain why the upside is limited to around $65 or so while there could be $250 in downside. All asset prices fall in a deflationary environment and gold is a commodity and an asset.
Article: Divergence in Precious Metals
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