Is the Gold Rally Overdone? Here’s What History Says May Come Next
by Frank Holmes, CEO, U.S. Global Investors As you’re probably aware by now, spot gold is trading at an all-time high in nominal terms, having recently hit $1,977 an ounce. Futures touched $2,000 for the first time ever. Not only that, but according to the 14-day relative strength index (RSI), gold is extremely overbought at … Read more