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Showing posts with the label Gold the Doomsday Hedge

Gold continues to climb, as the U.S. gov shutdown is still on. ADP job data for September shows 32,000 Americans lost the jobs, largest drop since 2023, and 1st consecutive drop since 2020.

Gold trades record highs at $3895, as Trump 2.0 adds $4 Trillion plus to the U.S. debt mountain, while cutting back spending on environmental, social and equality programs in America. Threatens to sack thousands of government workers if the shutdown occurs. It has occured. Keep in mind, Gold is also a doomsday hedge ala global conflicts.

Self explanatory chart/s: Gold the doomsday hedge is in unprecedented territory, trading above the psychological $2400. The "Proxy war" between Israel and Iran is over. Israel has instigated, with its April 1st attack on the iranian embassy in Syria, the next regional conflict, starting with Iran. Gold could hit $3000 an ounce.

self explanatory chart: Gold the doomsday hedge spikes 0.50% on festering 'risk aversion', breaks the psychological $2000 resistance. At 8mth highs, settling above $2014. Will the U.S. strike YEMEN? Re: U.S. destroyer's fired on by Yemen medium range missiles.

Self explanatory chart: Has risk aversion on U.S Dollar and oil hedges been replaced with gold the doomsday hedge?

Self explanatory chart: Gold the doomsday hedge surges after Israel bombs a Gaza hospital, killing 300+ Palestinians. Jordan cancels summit with Joe Biden 'peace' plan is now in disarray. As Israel attempts to destroy most of Gaza. All eyes on Hezbollah and Iran for counter response. (update 1)

Is China preparing to invade Taiwan? Satellite imagery shows massive civilian ferries training in the Taiwan Strait (August 2022) with amphibious troop carriers and tanks. Gold 'Doomsday' hedge is stirring.

Gold, the Doomsday Hedge, has been activated and then deactivated. Long positions blown out. Part 2?