KCN 4.43% $1.65 kingsgate consolidated limited.

Price Prediction December 2022?, page-37

  1. 522 Posts.
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    Time to get a little bit of common sense into this conversation
    A) Gold rises when the interest rate is lower than the inflation rate
    B) Gold usually falls when risk on is earning more than the difference between the Interest Rate (usually the 10 Year Note) where risk on is housing or stocks.
    C) Gold rises when perceived increases in Geo-political risk are rising at a pronounces rate
    D) gold climbs or falls when the Bullion Banks and BIS manipulate the markets with paper gold (this may reduce substantially in January 2022 with the BASAL111 accord applying to the remaining 5 Bullion Banks.
    E) gold and the USA$ are perceived to be flight to safety assets though Gold now represents 1/2 of 1% of global assets whereas the mean was 1.5% thus there is a perceived relevance factor.
    F) Gold has been partially replaced by Crypto currencies as a safety asset and this won't change until the 20 countries that banned Crypto are joined by other regulating governments.
    Al all can see there are a large number of factors but I believe the overwhelming one will be true fear which has not yet presented in the markets since March 2020.
    Just IMHO & DYOR as I believe there may be more relevant factors
 
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