*UPDATED* Gold the Doomsday hedge has been activated as the U.S. Dollar trades in a narrow range. America shoots down 4 Chinese spy balloons. Awaiting U.S. sanctions and/or restricting Western tech companies that may have been used to create the balloons hardware.

Markets are mispricing the seriousness cold war esque paranoia of the China's Spy balloons and private company weather and research balloons, being shot down one by one within American and Canadian airspace.  In a total 4 1, including the which includes the massive 200 Feet wide one (Chinese spy balloon) which was shot down over South Carolina.  The misprice is on the fact that the U.S. may need sharper sanctions against China, if indeed the technology used in the balloons payload occurred from Western countries.   So far English writing has been seen on the wreckage of these balloons.  If wider sanctions are implemented on China akin to the Russian sanctions, then essentially this would be the beginning of a new Cold War.  

The Chart above shows Gold and U.S. Dollars futures.  Any move into a more aggressive stance against China, to which so far Congress has been light on, in its awareness of the economic problems this will cause America.  The Gold price should rally and the the U.S. Dollar sell off dramatically.   Note the tight trading ranges of the 6th and 12th February 2023.

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For all updates, please refer:  chiasmusmagazine.blogspot.com/2023/02/possible-2nd-chinese-spy-balloon.html