February 14, 2022 – Our February 3rd post pointed out that gold was in a consolidating wedge, and would need to breakout to either the upside or downside soon. To the delight of the gold bulls, the ultimate store of wealth has broken out decisively to the upside, as illustrated in the char below.
Not to be left behind, the other metals which comprise the precious metals complex powered upwards also, Silver, platinum and palladium not only moved north in tandem with gold, but at the time of this writing are recording even greater gains than gold’s impressive move.
