Apart from bankers, some old goldbugs, and professional gamblers no one even knows about gold, at least in the west.
And most people that invest are in this paradigm of "just be a lazy bum throw your money in an index and do nothing", they love Warren Buffet with a passion because he says that investing is super duper easy, that you need no effort to make decent profits, that IQ is not important, "it just always goes up". Any lazy idiot can do it, ha no wonder they love the grandpa. And grandpa hates gold, calls it worthless. So all these lazy investors hate it too.
When the us dollar fails, as always happens, whether gold is the "great replacement" or not, demand will go way up.
CME deliveries for 2020 in the first half alone were the highest in recorded history (compared to full years).
Minters can't even keep up with the demand. And big institutional funds have not even started buying!
The brainless zombies of course don't even know what gold is, they think it's a made up currency in rpgs probably.
1990: Russia (Boris Yieltsin) declares its independance 68 years after the creation of the USSR. The soviet globalists propaganda is not enough to convince the population they're on their side. In a last desperate attempt to survive, they create the Moscow Stock Market (and white house coup too).
1991: Soviet Union collapse. GDP down 50%.
2020: The USA (Donald Trump) quit the WHO defunds the UN and quit the global world order 75 years after its creation. The NWO globalists propaganda is not enough to convince the population they're on their side. In a last desperate attempt to survive, they launch the "great reset" and a civil war for "black lives noble cause".
2021: ???
A few months ago Bank of America published a target of $3000 by Q4 2021 saying that "the FED cannot print gold". I am a little more reasonable with mine, I'd go for 3000 by 2023, rather around Q1, maybe as early as the second half of 2022.
When (if) the price goes below 1800, maybe I'll wait for 1750, I'll convert one of my main 3 trading accounts into gold. So I'll have 1 in euros, 1 in usd, 1 in gold.
I'm not running away entirely from fiat, it won't go to zero overnight, and I am very active anyway. If fiat goes down, gold goes up right? For me it's more so I don't have to worry too much about my accounts while I focus on what I do. Don't want to be up 20% because I did well but also down 20% because my account denomination took a nosedive.
The bull run for gold is over I think, after it lays low for a while to reduce the heat, it will start a new trend, up to about 3000 I think (maybe it stops at 2800, close enough).
From 1700 to 2822 that's a 66.6% gain, so if the pullback stops at 1700, that will be my target because why not.
They'll be great trends with asymmetric risk to reward. Silver too.
Hey watch out with metals going up strongly and not pulling back as much as you want. You'll keep chasing it :D
Could look something like this but I'd have to use a secret account I never look at because I can't be that patient!
Better to grab small pieces <3
"I'm not successful because I am smart, I am successful because every one is so stupid".
And most people that invest are in this paradigm of "just be a lazy bum throw your money in an index and do nothing", they love Warren Buffet with a passion because he says that investing is super duper easy, that you need no effort to make decent profits, that IQ is not important, "it just always goes up". Any lazy idiot can do it, ha no wonder they love the grandpa. And grandpa hates gold, calls it worthless. So all these lazy investors hate it too.
When the us dollar fails, as always happens, whether gold is the "great replacement" or not, demand will go way up.
CME deliveries for 2020 in the first half alone were the highest in recorded history (compared to full years).
Minters can't even keep up with the demand. And big institutional funds have not even started buying!
The brainless zombies of course don't even know what gold is, they think it's a made up currency in rpgs probably.
1990: Russia (Boris Yieltsin) declares its independance 68 years after the creation of the USSR. The soviet globalists propaganda is not enough to convince the population they're on their side. In a last desperate attempt to survive, they create the Moscow Stock Market (and white house coup too).
1991: Soviet Union collapse. GDP down 50%.
2020: The USA (Donald Trump) quit the WHO defunds the UN and quit the global world order 75 years after its creation. The NWO globalists propaganda is not enough to convince the population they're on their side. In a last desperate attempt to survive, they launch the "great reset" and a civil war for "black lives noble cause".
2021: ???
A few months ago Bank of America published a target of $3000 by Q4 2021 saying that "the FED cannot print gold". I am a little more reasonable with mine, I'd go for 3000 by 2023, rather around Q1, maybe as early as the second half of 2022.
When (if) the price goes below 1800, maybe I'll wait for 1750, I'll convert one of my main 3 trading accounts into gold. So I'll have 1 in euros, 1 in usd, 1 in gold.
I'm not running away entirely from fiat, it won't go to zero overnight, and I am very active anyway. If fiat goes down, gold goes up right? For me it's more so I don't have to worry too much about my accounts while I focus on what I do. Don't want to be up 20% because I did well but also down 20% because my account denomination took a nosedive.
The bull run for gold is over I think, after it lays low for a while to reduce the heat, it will start a new trend, up to about 3000 I think (maybe it stops at 2800, close enough).
From 1700 to 2822 that's a 66.6% gain, so if the pullback stops at 1700, that will be my target because why not.
They'll be great trends with asymmetric risk to reward. Silver too.
Hey watch out with metals going up strongly and not pulling back as much as you want. You'll keep chasing it :D
Could look something like this but I'd have to use a secret account I never look at because I can't be that patient!
Better to grab small pieces <3
"I'm not successful because I am smart, I am successful because every one is so stupid".
