Gold: Relative Value

Daily Engrbytrade™ calculations indicate gold’s relative value to the U.S. Dollar is currently in a position similar to where it was on May 4, 2010. This is due, in part, to numerous U.S. Congressional spending bills passed between March 2020 and March 2024.  As a result of this spending, a move similar to what occurred between 2010 and 2011 is expected.

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