Gold's All Time Monthly High Close

TD CTA Analysis

“I Don’t Want to Belong to Any Club That Will Accept Me as a Member”

- Groucho Marx

Contents:

1. All Time Monthly High Close

2. What it means for the short and intermediate terms

3. Throwing Some Water on it… just saying

4. Buy Season as Marketing

5. Good Fundamentals Underpin

6. TD’s CTA analysis

1- All Time Monthly High Close

Yesterday, gold made a monthly close that eclipsed every other monthly close ever. That is a big deal and a significant mile marker in the marathon gold is running to regain its rightful place in the world of money.

We explain ( in a voice note) the immediate and longer term implications of that below.