Uncommon Wisdom (which uses the Cycle Theory to predict moves) tells us that this is not the rally that will take gold over $2000/oz. In fact, they predict that the correction will take gold much lower (1,250 - the second Fibonacci) and Silver to 22.
What we can see is that silver has become a stronger market than gold. Will the softness in the DJI signal a softness in the stocks? Will that take down gold and silver as everyone rushes into cash? The next two weeks should tell.
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