Gold - We're in for a Gold "crypto rush" - Goldrush 2.0
Log view, we're sitting nicely on 0.236
Gold won't break down below this triangle if not oil breaks down... Currently there is no way to change the vehicle fuel to electric, it will take 5-10ys of development. Trucks haven't even made that shift yet. (Tesla/Volvo not there yet)
Gold currently costs more and more to mine with a absolute breakeven at 1100, a more just estimate would be 1150 and growing with rising oil prices + physical demand + scarcity.
Conclusion --> this could lead to gold rush 2.0
(if u think prices can't move much above mining cost for 1 oz... then think about Bitcoin trading at 16k costing 1.5k usd to mine with the best equipment... This would put gold at 13k so don't bring up that crap)
TRUMP will be able to secure the US future by driving up the Gold prices to pay of national debt and regain control with Dollar as the world currency. This is not a farfetched theory. We can either have a new world currency --> crash horrible situation on earth, wars before that happens... or Anarchy cryptos --> blood war and suffering before their utopia will be achieved by the banks capitalisation... or pragmatic deflationary cryptos like Ripple --> slow increase of the populations power compared to the banking cartell .... or higher gold prices --> a fair spread out of power of the world regions USA,Europe,Asia
deflationary non anarchy crypto + gold backing or just as a reserve investing option could once again slowly assure the power given back to the people in regaining control from the evil satanic twats in control of wealth and everything that happens pretty much the way it does and has been on earth.
It's your choice which future you choose to invest in. I would recommend one that causes as little people killed or harmed as possible
Gold won't break down below this triangle if not oil breaks down... Currently there is no way to change the vehicle fuel to electric, it will take 5-10ys of development. Trucks haven't even made that shift yet. (Tesla/Volvo not there yet)
Gold currently costs more and more to mine with a absolute breakeven at 1100, a more just estimate would be 1150 and growing with rising oil prices + physical demand + scarcity.
Conclusion --> this could lead to gold rush 2.0
(if u think prices can't move much above mining cost for 1 oz... then think about Bitcoin trading at 16k costing 1.5k usd to mine with the best equipment... This would put gold at 13k so don't bring up that crap)
TRUMP will be able to secure the US future by driving up the Gold prices to pay of national debt and regain control with Dollar as the world currency. This is not a farfetched theory. We can either have a new world currency --> crash horrible situation on earth, wars before that happens... or Anarchy cryptos --> blood war and suffering before their utopia will be achieved by the banks capitalisation... or pragmatic deflationary cryptos like Ripple --> slow increase of the populations power compared to the banking cartell .... or higher gold prices --> a fair spread out of power of the world regions USA,Europe,Asia
deflationary non anarchy crypto + gold backing or just as a reserve investing option could once again slowly assure the power given back to the people in regaining control from the evil satanic twats in control of wealth and everything that happens pretty much the way it does and has been on earth.
It's your choice which future you choose to invest in. I would recommend one that causes as little people killed or harmed as possible