... and then a bit more subtle bull trend after that period.
That's what I think. Look in link how I saw this coming. Not trying to brag about it, I just think it's worth noting as something I was expecting.
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It's actually the 250 weeks moving average (very close to 5 years moving average)
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I really like how gogle is slow at updating the silver price when it's going up. Normally the price shown directly on the google site is one or maximum 2 days behind.
Search "silver price usd" And you get 15.22 usd/Ounce (that price was actually 2 weeks ago) The site it used as source was updated so they actually stairght up lie at the search result.
And that's lovely...
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Are they aware and hiding it (a break out). Or is it just a matrix simulation coincidence, and the creator placing out truth nuggets as little clues to the once with eyes to see. Who cares it's there. What I think is most interesting is that it just appears with noone specific actually behind it, maybe a soulless NPC but that's just the same. It isn't the NPC's personal fault, just the same as it isn't a softwares fault the way it's behaving. it's the engineer that created it.
Gold could have a small localized top here since all time high measured in EURO is challenged. From what I understand the gold holdings in Europe is pretty high in comparison with other areas of the world.
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The longer gold price stays up here te more likely it is to continue going up. At the moment it still looks bearish short term.
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Hello everybody. In my opinion gold price has now stayed up on this steady high level long enough that I would say that it's now 50/50 chance it goes up or down short term. That's good.
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Gold broke ATH in EURO.
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Everything is happening at the same time. Gold and silver is going nuts. Doesn't look like a top. Breaking through this level is incredibly bullish. This is the level that Harry Dent said that he would go bullish from and become a taxi driver.
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Harry Dent is still a great at macro analysis, and I follow his work. His views is valuable and appreciated, just like anyone else with a unique perspective.
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Everyone should listen to this little story about the bank of england pound note: youtu.be/YVQAo3s7blA?t=495
(thats a pretty goood youtube by the way)
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Trade war (plundering of goods) between US consumers and the US government, and Chinese consumers and the Chinese government continues in a charade between Trump and Xi, pretending to make war with eachother, when what they're really doing is F#cking their own citizens over.
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Everything happening at the same time because it's a simulation. Way too much inter-connectivity to be real. Theatrics around Boris Johnson seems to be the trigger in my humble opinion.
Okay so what's happening and what's important on the world stage at the moment (because it's a stage just like in the theater). So... Is-Ra-El is having an election and that could be good to follow. Also China is continuing to buy oil from Iran. So we could see some fake tensions there affecting the reality script show between Israel and Iran. So all eyes open for that. Also ofcourse ECB just said that they want to increase the money printing tap... see sources below. All eyes on china also. How will they handle crop failures and a possible food crisis. Trump knows about this and pushes them (use their temporary weakness). Is china acting strong when being weak (Sun Tzu) or are they actually stronger then it seems. Anyhow their fists are hard and they'll act when they're ready and then US will fail. CHina is captialist and constructive and simply want to minimize the human suffering compared to the western ways of bombing the sh1t out of everyone else. Chine has a fist ready to punsh but they care and want to do a clean surgical cut, cutting out the cancer of the US. Us is kind of the opposite.
Because of the news from ECB today, the short term strong gold bull run could continue...
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In the comment the 12th of September I said, keep an eye on Iran.
Now, all of the sudden the media says that Iran has bombed Saudi and that Trump want to show how 'macho' he is and maybe have a war with Iran. Bla bla bla... Noone is reading... Okay so now Saudi is saying that they will produce 5.7 million barrels less per day. Compare that with the 20 million barrels that US consume every day! According to "financial turmoil explained" channel this will lead to a new crisis with similarities to the 1973 oil crisis.
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(short version... direcly when gold seemed to technically have a top, ECB went mad and Saudi got bombed - Both events is hugely gold market positive...)
I highly recommend listening to "maneco64" channel on youtube. He talks about gold and the market in an impressively unemotional and somewhat boring manner. He is the best reporter at current turbulent times.
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The solution is hyperinflation. Why? Because of human biology. Humankind strives for a stable population size. In the old times when infant mortality was high, we had 6-7 children. Now when the infant mortality is low, we have just 1 or 2 (by average). The current situation is unsustainable. The weight of the elderly increase as the size of the child birth decreases, which is a self feeding loop as long as the buying power of the elderly is maintained. Hyperinflation removes the buying power of the elderly and gives it freely to the young, when their salaries increase. The increased buying power of the young make men more attractive to women because women consider money as something attractive, or what you can buy with it. This makes woman feel like having children and a new baby boom comes. As long as we don't have "happy" times where the buying power of the elderly is constrained, there will be no new baby boom.
@Make_Money_Guru_Bitcoin, I don't see the point in that. Why look for subscribera or likes? Personally I don't care. You shouln't care for likes either. I won't make you better or worse, maybe even poorer if your analysis is correct. Multiple people buying an undervaluated asset or overvaluated has to all share the sum of the "dumb money" money pile. If your analysis is right you have nothing to earn but the honor of being right, which in itself is narcissistic and sonething one should not strive for. I ask my subscribers to recobsider their subscribtion, because it an unnecessairy responsibility.