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Gold Breaks Out and the US Dollar Collapse Has Only Just Begun


 -- Published: Thursday, 31 August 2017 | Print  | Disqus 

By Graham Summers

 

The US Dollar collapse has already triggered a major move in inflation plays.

 

To whit, Gold has broken its SEVEN-YEAR downtrend.

 

http://www.goldseek.com/news/2017/8-31gs/image002.jpg

 

As the US Dollar continues to drop hard over the next 12 months, Gold and other inflation plays will be exploding higher.

 

Below is a chart of an inverted US Dollar (blue line) and Gold prices (black line). As you can see, Gold is now leading. And as the US Dollar drops, Gold will be roaring even higher.

 

http://www.goldseek.com/news/2017/8-31gs/image004.jpg 

If you’re not taking steps to actively profit from this, it's time to get a move on.

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

 


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 -- Published: Thursday, 31 August 2017 | E-Mail  | Print  | Source: GoldSeek.com

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