As the year 2024 comes to an end, the US stock market has become even more overvalued while being trumpeted as a poster boy for the well-being of America.hallowed pillars
While major fiat currencies are burning against the dollar, the dollar itself is in a death spiral against supreme money gold. Rather than the supposedly awesome 3% GDP growth that most analysts are projecting, it’s likely that GDP growth of about 20% would be required to alleviate the danger. They should focus on the dollar versus gold, with the sole goal being not to make “big fiat profits” but instead to get more gold.
For a look at the daily chart. Note the action of the 14,7,7 series Stochastics oscillator at the bottom of the chart.
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