UBG - Return Of The Beast Called Gold

Keep your eyes on the stars and your feet on the ground. – Theodore Roosevelt

Many (including myself) have been looking at the gold market as of late. As I mentioned in a recent Lead-Lag Report, gold continues its strong performance, up nearly 9% over the last month. The commodity has awakened and been quite the beast so far.

But that monthly performance doesn’t fully illustrate what’s happening on the gold market. For whatever the reason, it seems gold is breaking higher from a six-year-long consolidation.

Six years is a long time in financial markets,

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