The recent breakout in gold got a lot of people excited. How many mummified gold bugs were reanimated, saying, “See, I told you all of that money printing was going to push prices higher!” Thanks, 49er, that’s not why gold is rising. Rather than obsess over the why’s and whatnot, let’s take a slightly deeper dive into what is happening. From there, we can draw some conclusions and from what I see, the rest of the year may not be so kind for the economy and for stocks. I’ve posted charts of gold already so let’s just stipulate that the yellow metal broke out from six-year base in June. It immediately fell into a new ... (full story)