Last week I interviewed Todd Harrison, founder and CEO of Minyanville. The main topic of our conversation was currencies and how action in the currency market (specifically the US$) could be a trigger for the next phase of this crisis, which has also morphed into a socioeconomic crisis. We talked about the chances of a US$ rally. Todd is not a raging gold bull, but not really a bear either. He said there is a 20% chance Gold will continue on to $4,000/oz. “It is in the probability spectrum” he said.
Jordan Roy-Byrne, CMT is the editor and publisher of The Daily Gold. Visit the newsletter page for information on our premium service.
