Przemyslaw Radomski Says Gold Likely To Go Up

In an article primarily devoted to the U.S. dollar, in which he (correctly) said that the currency was overextended on the upside, Radomski predicts that a fallback would be good for gold. On the second page, he notes that the correlation between gold and the U.S. Dollar Index is returning to negative. Hence, a pullback in the U.S. Dollar Index is likely to push gold up.


So far, he's been right on both counts. However, the greenback drop and gold gain he expected might have already come to fruition.