We took profits on short Gold positions for gains of ~$90. We are neutral on gold and we remain USD bullish, and have yet another reason to be bearish CAD. Our trading accounts have been short US Notes and Bonds for the past several weeks as interest rates have been rising. The stock market looks toppy and much much more. 

….related: Tyler Bolhorn on the Markets Today

Everything is so connected that a move in the US Dollar has broad implications. Believed to have made a low in May, the US Dollar has broken out of a chart formation and moved through a downtrend line. What comes next …..

….Don’t miss Martin Armstrong: The Worlds Top Forecaster, Reputation 2nd to None On The Markets & The US Electlon

The British Pound just set a 168 year low, proving what Victor regularily says that currency markets often trend far further than expected. Also Victor short bonds expecting higher interest rates, short crude oil and more…..

…don’t miss Michael’s Weekend Editorial: A Final Death Blow

Victor is having a happy Thanksgiving – thanks to his continued understanding of what the big picture money makers are doing in the market.

….don’t miss Mark Leibovit – Gold Off $100 … is it a Buy or Sell?

Victor Adair on the OPEC decision and the 5% move up in Oil, the drop in Gold and the top story internationally the European banking crisis with the problems at Deutsche Bank.

….don’t miss Greg Weldon: Trump, The Fed and Gold