Gold: Past, Present, and Future

hollowmoose21 said:Gotta bump this thread up for a sec...
Picked up some more MUX yesterday. 🍿

https://www.thefelderreport.com/2017...-of-greatness/

👍

hollowmoose21 said:Gotta bump this thread up for a sec...
Picked up some more MUX yesterday. 🍿

Lately, I’ve been seeing an average of 2.75, similar to how GPL hit 1.22.

It looks like miners are falling behind gold and silver, and that gap just keeps getting wider. It seems especially true for the junior miners, maybe partly because of what’s happening with GDXJ:

http://www.zerohedge.com/news/2017-0...-catching-time

hollowmoose21 said:Gotta bump this thread up for a sec...
Picked up some more MUX yesterday. 🍿

Count me in.

I actually wanted to buy on the same day you did, but Charles Schwab gave me a hard time.

Got everything sorted out and finally bought in yesterday. Let's see how it goes.

Kinda interesting stuff here....

http://www.zerohedge.com/news/2017-0...-confrontation

Rick Rule is making his move:



"The timing is right."

The banker will "set" the price. He loves his paperwork, but he’ll write it down regardless. I might come off looking a bit "clueless."
Meanwhile, Greg is finding some comfort in talking about the Deep State, all while Rob Kirby opens up a whole new front... Just trying to gauge where we stand. Jim Sinclair pointed specifically to Knowledge Rickards first, then the rest of the crew.
Ha, ha. Fine, fine. I may have rambled a bit regarding that Trump supporter, but nothing major. And if you want my take, there are "close associates who stick by us when things get TOUGH," since we're on the subject. But, back to Trump...
If you ask me, the premise is backward. Which premise?
This one...

https://www.google.com/url?sa=t&rct=j...apvLvNCJHU1B9g

"All that's left of the USA is..." well, fill in the blanks yourselves.

Robert Vaughn10 said:The banker will "set" the price. He loves his paperwork, but he’ll write it down regardless. I might come off looking a bit "clueless."
Meanwhile, Greg is finding some comfort in talking about the Deep State, all while Rob Kirby opens up a whole new front... Just trying to gauge where we stand. Jim Sinclair pointed specifically to Knowledge Rickards first, then the rest of the crew.
Ha, ha. Fine, fine. I may have rambled a bit regarding that Trump supporter, but nothing major. And if you want my take, there are "close associates who stick by us when things get TOUGH," since we're on the subject. But, back to Trump...
If you ask me, the premise is backward. Which premise?
This one...

https://www.google.com/url?sa=t&rct=j...apvLvNCJHU1B9g

"All that's left of the USA is..." well, fill in the blanks yourselves.

Of course they’re going to set a new price. It’s the only way to (legally) wipe out the debts while keeping the system standing. But a new gold price means a new price for oil and every other commodity too. The debts will just remain at their old nominal amounts. Once that process plays out, they'll draw a line under it all and see what everyone actually has left in the end. One thing is certain: all that oil—bought with dollars—has long since been burned through. As for those earned dollars invested in the stock market... well, we'll see what happens to them eventually. As long as there is oil to trade for dollars, there isn't much point in making waves. So, however long this lasts—it lasts.

Gold hit $2,150 today... any experts out there want to weigh in? What’s actually going on with the market??

briskeagle3 said:Gold hit $2,150 today... any experts out there want to weigh in? What’s actually going on with the market??

Goldman Sachs and Citigroup have both issued positive outlooks on gold...
If you're asking me, nothing unusual. The war on gold continues.

briskeagle3 said:Gold hit $2,150 today... any experts out there want to weigh in? What’s actually going on with the market??

Is 1100€ actually some kind of psychological barrier? Or are we talking technical analysis, Fibonacci retracements, and all that other magic math stuff?

$1,150... back in December 2015, we were looking at maybe $1,050

Well, Bloomberg finally spilled the beans on this one..........

https://www.bloomberg.com/news/artic...w-twitter-asia

Why on earth is gold dropping right now? I mean, Draghi was all about that pivot back in 2018, wasn't he? And look at the Nasdaq—it’s absolutely cratering. Something is definitely brewing behind the scenes here. It feels like the big institutional players are rotating their entire portfolios... basically repositioning themselves to ride the wave of global economic growth before inflation finally surges past that "magic" 2% mark they're all obsessed with.

Tapatalk

A rather intriguing exchange involving Hoffmann-Sgtbull:



"The sharp ones actually know how to use a turn signal."

Robert Vaughn10 said:A rather intriguing exchange involving Hoffmann-Sgtbull:

"The sharp ones actually know how to use a turn signal."

So yeah, we're heading south 😁

Melissa Sanchez17 said:So yeah, we're heading south 😁

It takes a moment to process, but here goes...
Let’s look at the facts. Hoffmann has been tracking the American economy closely, and his take is that our Mr. Banker has played most of his cards in the medium term. The mindset this year is actually quite fascinating. I remember watching Marc Faber on NBC; he eventually just threw his hands up at the panel and said, "I'm telling you how it is."
I honestly wonder what people are afraid of, or what they think they can pump up. It's pure euphoria without any substance. Marc is just laughing at them... and now he sees exactly how far this goes. Until the game ends.😉

"Don't even try to think... my friend..."

With all due respect, I have to point out that these kinds of clips have been cycling through the internet on a monthly basis for years now.

The end is near...vol.74

Michael Morgan5 said:With all due respect, I have to point out that these kinds of clips have been cycling through the internet on a monthly basis for years now.

The end is near...vol.74

Back in 2010 and 2011, similar "players" weren't using this tone. We are currently navigating a 20-year secular bull market, within which was a significant cyclical bear. Those lacking patience simply won't capitalize.

"accumulation phase of a secular bull"

It isn't necessarily surging because there’s an influx of cash; interest rates are still sitting pretty low, and volatility—generally speaking—hasn't really spiked, so people aren't exactly panicking yet.

That said... I could probably rattle off at least ten different analysts claiming we'll see another rally before the year wraps up, with most of their targets hovering somewhere around the +/- 1,400 mark.

Personally, I suspect this trend might actually stick around longer than people think. Most companies in the USA didn't climb as fast as everyone anticipated, mainly because that "magic" 2% inflation target is proving much harder to hit than anyone originally bargained for.

Just wait until something truly significant goes sideways in the Middle East; then you'll see how fast things really take off. 🤣

The self-proclaimed "master from Sicily" offers a refreshed perspective in the 23:50-25:10 segment:



"2018."