Gold: Past, Present, and Future

dustyheron5 said:It’s been a while since I’ve checked in on Armstrong—what’s his current take? Is he still betting on a massive dollar rally, or is his model signaling a complete shift... 😁

https://www.armstrongeconomics.com/m...ending-bounce/ 😁

hollowmoose21 said:https://www.armstrongeconomics.com/m...ending-bounce/ 😁

Thanks, man.

So, it looks like a directional change—or something along those lines, anyway.😁

Well, look—even a two-month bull run for the Euro and metals isn't exactly something to scoff at.😉

Honestly, compared to the volatility of crypto prices—it's just hard to stay engaged when everything else feels this painfully slow and dull.

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Fake news? 😁

https://www.sovereignman.com/trends/...lapsing-21192/

The exact same article popped up on Zerohedge just the other day.

Looking at these charts, things are starting to look pretty 🙂

dustyheron5 said:I have a feeling something strange is unfolding... everything seems to be moving contrary to the consensus. Instead of strengthening after the Federal Reserve hikes rates, the dollar is actually dropping. 😁
Because of that, I’m not convinced you'll see gold hit 1050, nor will the dollar reach $2.50...... 🤣

Bottom line: Gold is up 1.4%, silver has jumped 2.4%, and mining stocks are seeing gains of 10-15%...

I might actually see gold climb—mostly because we’re heading into a phase where any dollar strength might actually move in lockstep with gold—but as for the Euro? Yeah, I don't see it hitting parity anytime soon.

I’m tossing that forecast out the window, honestly. If the EUR/USD ends up closer to 7.356, then the dollar might top out at $2.25 for the year. 🕺

I can barely keep up with all this anyway, and I haven't even taken a position yet. Who knows, maybe I'll end up panic-buying Coca-Cola at 6.5K again... 🎉

A man just passed away. Interesting news, if you ask me:



"anything is possible at this point"

If you ask me, bankers charge a premium just to cross even the smallest Bridge.
They move at a snail's pace, clearly needing heavy doses of Espumisati just to get going. My regards to those certain Brexiteers out there...
Here is the recap...

"Regards to Božo and all the other party members—just make sure this post stays up."

I have to report this. It’s brilliantly clever.
They will spray as much as possible, on anyone they can get their hands on.
Not for another year, and even then, expect plenty of whining...

"Let the white snowflakes fall"

One more thing... just a thought...
It looks like the right wing in France is gaining massive momentum.
Anything could happen there. Even the folks over at Goldman Sachs have been whispering about it.

"the golden filling of an old man's tooth"

Planning on slashing... those prices... all the way to the bottom?
Go ahead. Cut them.😉

"changing"

http://www.cnbc.com/2017/03/27/massi...an-museum.html
What were they even supposed to bring? 😁

http://www.silverdoctors.com/gold/go...ecious-metals/

👍

It’s just hitting a brick wall at that $1,260 mark—it simply won't break through.

Melissa Sanchez17 said:It’s just hitting a brick wall at that $1,260 mark—it simply won't break through.

The resistance seems a bit heavier there—at least, that's what the analysts are claiming.😁

dustyheron5 said:The resistance seems a bit heavier there—at least, that's what the analysts are claiming.😁

Cursed Partizan!!!

Got some news here—honestly, I wasn't sure if I should drop it anywhere besides this gold thread. If I posted this on Acceleration or Exodus, people would probably accuse me of heresy.😁

Melissa Sanchez17 said:Cursed Partizan!!!

Got some news here—honestly, I wasn't sure if I should drop it anywhere besides this gold thread. If I posted this on Acceleration or Exodus, people would probably accuse me of heresy.😁

If you want my take, I'd say this belongs in the Accelerated Recovery thread.😁

Mr. Velnet, you’re cursed; we’re watching your every move. That 2016 cover of The Economist is looking more prophetic by the second. If you ask me, the alarm bells of skepticism are ringing loud and clear. We aren't falling for your little tricks or "adjustments." It’s truly remarkable how you frame actual value as doom-mongering, while treating some flimsy collective agreement like it's pure empathy for the underdog. It might have been even more convincing if you hadn't turned everything upside down. Oil at $200, silver at $18 USD, and you noted gas at home is roughly $1.75 liters—not to mention the rest. Those are the real numbers and the real prices.😉
Regarding this "post-crash dumping" nonsense—we are all for preserving every scrap of real value right now, and a slight hedge is already starting to blow in. Speaking of which... I was reading that Mexicans saw their deficit plummet from over $4 billion to just $700 million in three years. Just typical for them. Now America is in the same boat. So, here is the real question: what's on the menu tonight and where are we heading?

"I'm watching you like fiat right before the collapse"

Melissa Sanchez17 said:It’s just hitting a brick wall at that $1,260 mark—it simply won't break through.

Actually, it broke through within an hour or two.
The next two months should be a hell of a ride.
We really ought to see it clearing $1,300.