I see some people are still out here playing doubt games and throwing out provocations every five minutes. Fine. Whatever. Here’s a little slice of journalistic incompetence and pure propaganda for you—though honestly, I think it’s mostly just plain old ignorance
dustyheron5 said:I’m genuinely curious if gold and silver can actually break through these resistance levels—the US and Europe have certainly been printing money like there's no tomorrow lately... http://kingworldnews.com/kingworldne...ime_Highs.html
Man, I wish, but I honestly don't think they will. These cartels are still holding all the cards! And the stuff they're pulling with silver? It's absolutely insane.
The US just bumped up those import taxes on gold bars and coins by 2% and silver by 6% yesterday. We're talking a massive 90% hike on gold and basically doubling what they used to charge for silver.
The situation with Iran is also likely to support Gold prices. Crude oil prices remain near recent highs duo to concerns over supply disruptions - after Iran warned Arab countries of consequences if They raised oil output to replace Iranian production facing International sanctions.
Apparently, Gold jewellery demand in the United States Has jumped from 5 to 7% back in 2011, and the big shots at the top retail chains are calling for another 10 to 15 percent bump this year—the head of the biggest jewelry chain in the states dropped that bombshell on Sunday.
UBS saw an increase in physical Gold demand Last Friday to The highest sol Far in 2012 confirming that the United States is a buyer AT Thes levels although Reuters report that demand was more lack lustre in the United States overnight.
If you ask me, this pretty much screams that demand in the United States is way tougher and doesn't care nearly as much about high price tags as all those bears have been whining about. The American market just keeps buying the dip.
It’s the exact same articles over and over again—just pure copy-paste jobs without even bothering to include the charts mentioned in the text, 😍. 😍 Honestly, what an absolute joke these business news sites are, just bottom-of-the-barrel trash
I don't know about that. But honestly, France losing its credit rating might be the single most damaging thing for the Eurozone and the Euro right now. We're gonna need more ink, we'll be burning through printer toner... things are about to get interesting
dustyheron5 said:It’s classic AT&T—always timing these uncomfortable announcements right before the weekend. It gives investors, hedge fund managers, and the rest of the crew enough time to knock back a few Nomobals or Apaurins just to stay calm until Monday.🤣.........that way they don't go making any reckless moves before heading out on a fishing trip for the next few months.😍
If Italy is rated BBB, then what does that make us? Some kind of bottom-tier joke?😂
Well, it is the weekend 😍. The decision should drop tonight once the US markets close. I'm still a bit uneasy about Austria. That whole mess Orban started😍
Goldman Sachs said:The second Iran launches a missile at Israel—or vice versa—and gold is sprinting straight toward $2,000. Once that happens, nobody’s even going to remember we had these debates 🤣
Honestly, everything is pointing that way. All those key players getting cycled out over the last few months? It's a pattern. If things actually kick off, oil is gonna fly past $150 easy. I really, truly hope it doesn't come to that, though. As for these arguments, I feel like we've hit a 🙂 wall. Some people still act like gold hasn't been used as actual currency since the days of Julius Caesar