Long-time readers of this report know that I rely on five principal factors to determine the strength of gold's 3-9 month trend. These factors are mainly related to gold's performance as an inflation-related asset. That is, when the outlook for commodities is strong and the dollar is weak, gold tends to enjoy its best performance. In today's report, we'll review the yellow metal's five leading factors and see how they still support a continuation of gold's intermediate-term trend.
Despite a rally which has persisted for several months without a meaningful correction, gold continues to catch