Ann: Quarterly Activities and Cashflow Report - September 2023, page-14

The conundrum between historic charts and real-world facts: which is the better predictor of the future price of this commodity?

The latter is the cruel response to a fear of elimination, and the tooth and claw battle of two populations for rurvival. Civil war. The former documents the profit-seeking actions of thousands if traders in a market, seeking to preserve their wealth in spite of the uncertain situation or to profit from the fear and misery it generates. Neither of which is anything to be proud of.

But if you ask me, having sat on the sidelines the last two times this happened, it is the facts in the ground that are predicting the rising price of gold. And history suggests that Israel will not stop until the regime that has sworn to eliminate it as a nation (Iran) and its embedded proxies to the north in Lebanon and Syria are rendered incapable of ever doing so. Whatever brutality that takes. And the USA will back it to the hilt. It will become a bloody mess. And gold will go up, to our profit and our shame.