Swiss franc Indicator Suggests Further Pain for Gold ETFs Ahead
March 12, 2015 at 10:00 AM EDT
Long-term trends suggest gold and related exchange traded funds could head lower as the U.S. dollar continues to appreciate. According to Chris Kimble of Kimble Charting Solutions, the Swiss franc and gold both peaked around the same time in 2011 and have been stuck in a downtrend ever since. Now,...