Loading ...Look at the charts. That straight up dollar “rally” in 2014 was done manually on purpose, not natural market forces. They “threw a 1.5 year bone” to Europe and Japan et al.
The dollar down move in late ’15 early ’16 is ALSO a manual adjustment. Back to rebuilding the US consumer taxpayer, of which all countries depend on for various reasons. Dopey/dollar will probably drop fast for at least 6 months.
http://finviz.com/futures_charts.ashx?t=CURRENCIES&p=m1
Here, see Gold bottom late 2015 around $1060 I think it was.
http://finviz.com/futures_charts.ashx?t=METALS&p=m1
Here you can see oil coming back. The charts are not for predictions. They are for SEEING or confirming what you think TPTB are doing, and what is going on.
http://finviz.com/futures_charts.ashx?t=ENERGY&p=m1
Armstrong probably does not even play gold mining stocks. He and many others have totally MISSED the move and are getting sick about it and are hoping for a crash.