With the reconciling of chart interpretations, simultaneously, for gold and different currencies;
confusion seems to abound.
If the chart shows bearish for USD, does one change to a currency where gold is showing a different chart pattern?
Experienced chart discerning gold traders no doubt have this particular mastery.
This confusion may be dissipated by placing gold as the central pivot (reserve) of the world monetary system.
The German Bundesbank President (heretofore quoted) stated that
Germany safeguards its solvency through reserve assets, which includes gold reserves.
Does the chart assist when one is safeguarding solvency?
Does ongoing inflation, QE, etc. of paper safeguard solvency?
Is President Bush's declaration (heretofore also quoted):
"If money isn’t loosened up, this sucker could go down,”
a better ultimate safe guard of solvency?
