A couple of experts on KWN predict that gold is going up toward $1,700/oz. Pres Trump also suggested that the US Dollar is too strong. A falling dollar is expected to boost gold. However, a falling Dollar is not expected to effect gold price until the Dollar drops below 99. It finished today over 100.
Here is gold. It finished today at 1,287.
But, silver is lagging behind and has to work against the mountain of 1B ounce of shorts:
The gold miners are moving as well
It appears that the junior gold miners are a bit less exuberant than the seniors. This probably means that the big money moves in first and it's snapping up the large companies; all the while telling the small investors to stay away.
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