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Showing posts with the label gold
Gold and Coffee futures are at all time highs. As the Fed readies to cut rates, mixed with Trump's MAGA madness, and it's all crony capitalism and Fascism.
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Gold and silver at record highs as LME is showing a massive liquidity squeeze on its gold/silver holdings, TRump maintains his erratic economic policies, claiming inflation is defeated while food prices keep rising, Fed is now pressured to cut rates via weaker employment figures, all pointing towards a stagflation scenario, with a U.S./China trade war that could go to a 100% on all import/exports
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Trump's erratic, proto-fascist protectionism policies are creating economic instability, gold and silver are at all time highs.
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Gold surges pass $4000, as Trump sabre rattles Venezuela with possible ground incursion, U.S. government still in shutdown, and Trump orders Troops to Portland, Oregon. Trump's erratic dictatorship posturing is sending money into the doomsday hedge, gold,
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Gold surges, as trump threatens land attacks on Venezuela territory, as a guise of attacking 'drug smugglers', which we all know is about destabilization and regime change.
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Gold, the doomsday hedge hits $3000. Pick your economic/geopolitical crisis.
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Gold the doomsday hedge goes bid on news China has begun military drills in and around Taiwan, until the 24/05/2024.
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Gold the doomsday hedge, trading tightly between 2318 and 2293. While Central Banks sound confusion on inflation, geopolitical issues are still the buy signal for Gold.
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Gold the Doomsday hedge is telling, that something big could be brewing. With two major conflicts occurring in the World and the U.s. trying to manage 'low intensity' proxy wars with nuclear armed states, speculative markets could unwind en masse. Gold would be bid, reaching 3000+
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Gold reaches 7 month highs as geopolitical risks are still abound. U.S. Dollar collapses on possible rate cuts in 2024, which is the market mispricing risk in an extraordinary manner. Seen with the volatility index (VIX) at pre pandemic levels.
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Self explanatory chart: Has risk aversion on U.S Dollar and oil hedges been replaced with gold the doomsday hedge?
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Gold holds bids at $1998 and $1999 as President Biden authorises a media release that a U.S. nuclear powered submarine is patrolling in the Suez canal. A warning to Iran.
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Gold passes $2000. Israel destroys Gaza's telecommunications, essentially cutting off the strip from the world as the Israeli air force bombs relentlessly in its 'scorched earth' and 'total war' theory, which has not been seen in modern warfare for the last 60 years. A wider conflict is now inevitable.
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Self explanatory chart: It's all about the middle east. Gold reaches $1998 (over 3%), shy of $2000 in lieu of my forecast, pulls back to $1990. As Western countries scramble to hold off Israel's ground war on Gaza without calling for a cease fire, playing that same old tune of their bizzaro diplomacy. Gold remains bid on a possible $2000 breach. Eyes on Iran, which may open up multiple fronts on Israel.
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Self explanatory chart: Gold the doomsday hedge is about to breach the psychological $2000.
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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)
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Gold clears 1900, on its way to 2000 if Iran enters the Israel/Palestine conflict.
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