Stocks, commodities and precious metals are bullish, as anticipated, but post-election balance will shift
As well, that which we’d been anticipating these last few weeks finally came to fruition: with the 4000 floor essentially having held, our “Baby Blues” of trend consistency sufficiently rose to rotate what had (for Gold) been a negative regression trend across 66 trading days, and (for Silver) 46 trading days, back to positive.
Asia already accounts for about 60 percent of global consumer gold demand. In fact, Western investors largely sat out the bull run last year, only jumping on the bandwagon last fall. When Western investors begin to understand the dynamics driving Asian investors, they may well join the party.