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fantasyste
Apr 7, 2023 3:19 PM

Waiting for GOLD at 480 dollars Short

GOLD (US$/OZ)TVC

Description

TRIPLE TOP. Doomed. Nothing scarce like Dollars after absorbing tons of it with the PONZI schemes like Kraken etc.
Gold won't buy you food in a famine.

There will be a bump up in 2029 then back to earth in the 2nd BUY ZONE.

@akikostas what you think?

Comment

Still bearish! gold is the new brick. Lol.
Comments
doumon
troll...
razyanulsuvo
Fuck man... what is this
Free_Loader
Gold won’t buy you food in a famine? Let’s look at the Argentinians and what they are doing - scraps of gold are traded for food nowadays with their runaway inflation. Gold and silver are the ultimate monies on the planet, and have been for thousands of years.

As for the price levels, NO ONE can project out 7-8-9 years into the future and what the price will be. You’re betting on price destruction of gold? What’s the rationale/basis for this? Will entire mountains of gold be discovered and brought to market? Will another element supersede its utility? What’s the idea here.
J4th_
this looks like all nations with gold reserve dump all at together at once.
friedolays
@J4th_, what will they dump it for? LOL. MORON!!!!! have fun paying for your gambling! lol
tsembery
worst case is 1380, but not lower. better to expect to 3000 IMO.
lenovofahadamc
😅😅 its funny
Axrob
has to be drinking something nice :D
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