Gold the 'doomsday hedge' has gone parabolic, under the shadow of the new Cold War. Russia is about to cut gas to Europe, NATO could enter the conflict via Poland. History repeating?

The doomsday hedge Gold is now parabolic, as noted with the chart above.  Vertical trend lines that were set for the 17th February and 1st March were proven correct, with the price reaching $1970 on the 25th February at then correcting to $1890.  Gold has since rallied over $1980 support and now sits within a new parabolic range, as noted between the 7th of March and 10th of March trend lines.

Gold is now bid over $2000

Reasons?  Obviously the horrible war in Ukraine is front and center, but two alarming reasons have emerged.  1.  Russia is threatening to cut gas to Europe, which is already in the grip of stagflation.  2.  The U.K and U.S., wants to assist Poland to provide fighter jets to Ukraine's air force.   Which, if Poland agrees, will bring NATO closer to an armed conflict with Russia.   The situation, beyond the last cold war is turning out to be far worst. 

___

And, just as reminder that the past repeats when one doesn't learn from it.   Refer to the image below, from coldwar.unc.edu/2018/07/missiles-over-europe/, showing a cartoon from 1987, with the same fears and paranoia of America planting missiles all over Europe aimed at Russia.   This image was created in the late 1980's when Russia began to lose it's power base, prior to Communism collapsing throughout Europe in 1991.