Gold is now parabolic. Russia has invaded Ukraine. Biden's sanctions are token. Awaiting for the big one aimed at Russian banks. Which will be felt across the world.

Gold is now parabolic, Putin has ordered  Russian troops to invade the breakaway Republics of Ukraine, which will force the Ukrainians living there back into wider Ukraine.  Hence, the worry is, when the full invasion takes place, Europe will witness a refugee crisis not seen since World War Two.  Biden has offered sanctions on the two break away republics, which are useless, widespread and crippling sanctions on Russia should be now.  Of course, the West, like it did throughout the Covid-19 pandemic is obsessed with an over juiced stock market, low interest rates and easy money,  that gauge for a societies health was always on rapid speculation and how not to unsettle it.  A 20 year old habit of relying on markets as an emphasis for a economic Utopia.   A little late in the game now and better we adjust to the fact we're heading into a new cold war mixed with a stagflation recession.  

It ends.

Chart above shows, two major price supports, plus the parabolic vertical trend lines.   Any missile attacks on Ukraine's capital or within its borders.  Gold could hit $2500 in a matter of days. 

Sanctions on Russian banks now. 

Peace not war.

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