Healthcare seems to be finally reversing with lot of momentum compared to other sectors as was expected in this high inflation environment. June 16th tested the lows made on May 24th and this bear market seems to be bouncing back up for a correction from recent lows. It’s quite possible healthcare sector ends up positive from here thru the year end while the...
The chart clearly shows a breakout on the down side. This is follow up to my last post. Here are my 5 reasons 1. Interest rates: Interest rates are historically low and are unlikely to go down any further. Long term yields are itching higher already. Interest rates are not going to help gold anymore. 2. Inflation: Inflation is likely to be itching higher with so...
15 year Historical trend on Gold #gold bull run seems over. 5 years of bull, followed by 4 years of bear, and again 5 years of bull. What do you think?