Gold: Position of Gold

On May 25, 2021 it was noted that the position of gold against its current relative value with the U.S. Dollar was part of a calculation indicating a decline in gold is expected. In addition to the U.S. Dollar calculation, the position of gold to the British Pound and Canadian Dollar are now showing a 90% chance that gold will decline.  The last time this occurred was in September 2012.

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