Gold Gold Daily Video, May 12, 2022

Sive Morten

Special Consultant to the FPA
Messages
15,955
Good morning,

Gold could show a bit higher retracement as the US interest rates are dropping. Still, we do not treat current action as reversal by far because major OP target around 1830$ is not completed yet:

 

Georget@

Private
Messages
22
Cristal clear!
It makes me think, what is INFLATION, that is spreading like a poison in every economic activity? It seems to me that inflation has a lot to do with loosing trust in the fiat currency but also it has to do with the greed of the companies. SHELL, for example, reported record profits, it means that high prices of gas is not all about the cost.
 
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