This Coming Move Will Take Your Breath Away

Gold continues to hold up surprisingly well despite $USD strength.

The precious metal is coining tighter and tighter into a triangle formation. When the breakout finally comes, it will be violent.

If you need signs of impressive relative strength, look at the gold mining juniors (GDXJ). During selloffs it is not uncommon to see this ETF drop 3% of even 5% in a single day.

It fell just a little over 1% on Friday.

READ  A Vaccine is Coming, Sell Your Gold and Silver!

And then there is gold’s long-term chart, where we see the precious metal consolidating at support (green line) an explosive move up. This is very similar to the consolidation period we saw in late 2019 (purple rectangle).

If we hold that green line the next leg up will take your breath away. It might not be this week or next, but when it hits, it will be massive.

On that note, we just published a Special Investment Report concerning FIVE secret investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

READ  Narrowing Down The Target For Gold’s Bottom In The Coming Weeks

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU.

We are making just 100 copies available to the public.

As I write this there are just 17 left.

To pick up yours, swing by:

www.phoenixcapitalmarketing.com/inflationstorm.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research