HilgardMuller

GOLD - BUY (LONGTERM)

Long
HilgardMuller Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
The UK elections handed PM Johnson a landslide victory as his Tories took seats from Labour, the biggest loser of the night. The British Pound surged, and the focus will now shift back to Brexit. The UK is anticipated to leave the EU on January 31st 2020. Gold maintained its bullish bias despite the announcement of a phase-one trade deal in principle.

If all paper money suddenly lost its value, what’s the fallback plan? Gold. Unlike nearly any other commodity, gold is intrinsically valuable. This is why in times of crisis, banks and investors both turn to gold for stability. If you’ve ever thought about investing in gold, now is the time.

We are about to see a major shift towards a worldwide Bear market in 2020, but off course you will not be told this by mainstream media, just like it happen in 2008 it will happen again from 2020 (and onward), this time just in a much bigger scale. The 2008 financial crisis led to a recession, the 2020 (and onward) financial crisis will lead to a new Great Depression.

Gold’s importance is not publicized as it poses a real threat to the financial status quo which the central banks around the world hold. In the light of the evidence gold is to be considered as money and so gold is often referred to as the “anti-dollar”which refers to gold’s long-terms table nature relative to the inflationary nature of the US dollar. In order to keep the world’s monetary system afloat,it is important to ensure trust towards the system which can be achieved by making alternatives such as gold look bad in the academic sphere which in turn echoes to the public.

I see that the world’s monetary system is already undergoing a major change which could be catastrophic for the US dollar’s purchasing power and potentially very rewarding for gold investors.

China and its partners could announce a new gold standard in a way that they no longer accept payments in other than physical gold or gold-backed currencies. This would rapidly increase the demand for gold as countries with small gold reserves would scramble to ac-quire sufficient amounts of gold to keep up their trade deficits with China. By doing so, China would rapidly increase the wealth of the nation and the people of China. A move by China towards a gold standard would also have a meaningful impact on China’s trust is-sue. Whilst highly speculative, this scenario is backed by solid facts.

It has never been a greater and important time to buy Gold than RIGHT NOW ….
Comment:
Look at entering with a BUY once the price reaches 1483.58
Trade active
Comment:
50% of profit taken, watching rest of trade closed, it had a tendency to turn bearish but so for so good, still in the money irrelevant where it goes
Comment:
Still going very strong, I don't see it reversing any time soon, amend your stop loss to a trailing SL on a level that you prefer
Comment:
I will be looking for further entry points in the near future with more small buy ins into this Gold trade, I expect 2020 to produce record Gold prices like we haven't seen in years
Comment:
On track
Comment:
On track
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