claydoctor

GLD has reached the moment of decision

Long
COMEX:GC1!   Gold Futures
2
Trend lines are clear, major support/resistance (black line) is here. Powered past red box range, but retesting. stocks, bonds, dollar, commodities, all dependent on central banks now, and currency manipulation and value... economy is minor factor. THE WHOLE WORLD NEEDS INFLATION, and we are trying so hard to create it, AND CANNOT , SAYS SOMETHING HUGE. China slow down. That when they finally do, too little toot late, will cause first depression, then out of control hyper inflation. How? US finally creates tax/tarrif on imported goods, dollar value collapse (no demand), world runs to Yuan (now in IMF) and in (CNY/USD) forex multiplier factor, US manufacturing explodes, creates jobs, rise in wages, good spike for pent up corp cash, but be careful what you ask for you will get it, then quickly inflation, and rise of rates big spike, then inflation huge. Gold is the fortune teller here. THE GOLD LINE IS THE KEY. It is powerful, $1,000 per ounce key level for mining, production, etc. Oil also at near bottom now or soon, completing HS. Dollar at historic levels, cannot last, world out of balance, everyone knows it. SPY rounded top as in 2007. Sequence: markets crash, economic depression, won't last long, dollar crash (necessary), Gold jumps, US economy fires up, inflation, rates jump, hyper inflation. Guessing the time frame of this is of course folly. How long until each marker, unknown. Central banks are still human, not robots ( I think?). This may be the buy of a lifetime, and even if it goes lower, just try to find some to buy then. (Note rise of (CNY/USD) in 2007)
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