Here is a look at what’s at stake post-FOMC in gold, silver and the US dollar.

December 13 (King World News) – It’s time to take a look at the US dollar, which was hit post-FOMC.  Note the head & shoulders pattern on the right hand side of the chart.  A break below the neckline would send the dollar back to the recent lows of roughly 91 from the current 93.5 level (see chart below).

Head & shoulders pattern may push USDX back to lows

kwn-i-12132017

If the dollar does head back to the recent lows, that will be bullish for gold and silver prices as well as the shares…


IMPORTANT:
To hear which legend just spoke with KWN about $8,000 gold and the coming mania in the
gold, 
silver, and mining shares markets CLICK HERE OR ON THE IMAGE BELOW.

KWN Faber I 2:19:2016Sponsored


As a reminder, here is a look at how buying the high-quality mining shares at the bottom of December in each of the last 4 years has rewarded investors:

Buying gold stocks in December

Dec 2013 low: +38% in 55 days

Dec 2014 low: +35% in 22 days

Dec 2015 low: +139% in 164 days

Dec 2016 low: +37% in 34 days

Happy hunting to those of you who are scaling into the high-quality mining shares as we work our way through the end of tax loss selling in December.

***ALSO JUST RELEASED:  Is This Where The Fed Has Us Headed With Interest Rate Hikes? CLICK HERE.

***KWN has now released the fascinating audio interview with Egon von Greyerz, who gives his 2018 predictions and a few surprises as well and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.

kwn-greyerz-mp3-1292017

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