GOLD 0.51% $1,391.7 gold futures

Usual game yesterday and overnight as the "watchers" continue...

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    Usual game yesterday and overnight as the "watchers" continue with their softer approach with the controlled takedown in the late stages of the game to keep gold in contact with $2020 as liquidity is fed into the broader game.

    https://hotcopper.com.au/data/attachments/5975/5975084-1bfb3148f1d93ee092da7044b3845d4b.jpg

    A 3 minute on silver as the Banksters continue with their $23 game.

    https://hotcopper.com.au/data/attachments/5975/5975089-4963d8542e32a6883ded2dee2bc7b305.jpg

    GDX as it ekes out another unconvincing bounce high with a slightly higher close on weak volume as it moves back towards wait mode

    https://hotcopper.com.au/data/attachments/5975/5975097-eb17f971311715341ae4b30bea11aad0.jpg
    https://hotcopper.com.au/data/attachments/5975/5975127-318f06a08265f6431711c34977a70654.jpg

    So above we have a monthly on the GDX with the High in September 2011 which correlates to the Gold high of September 2011 below. From there things began to change as the "correction" in gold continued into December 2015 where the long term low arrived but remained well above its 2008 low. Now contrast that with the GDX low which arrived around the same time but ended well below its 2008 low. The divergence began after the September 2011 peak. Something has obviously changed so what is it?? Its not the Oil price as it was trading around a hundred dollars in 2014 and then dropped into 2015, trading around $50 and then moved to between $50-$75 (discounting the covid volatility) where it bounced on Rusian war volatility then back down to $75ish but remaining well below oil prices between 2011 and 2014.
    Considering the US Bankster coup against Congress was initiated in 2008 meaning they took over the whole game then the only conclusion to be arrived at here is that the war on gold intensified after their coup and the attack against anything paper gold was ramped up. The Banksters don't care, they can and will print as much as they want to suit their cause. Until of course it goes haywire and they gets blow'd up.

    https://hotcopper.com.au/data/attachments/5975/5975140-edc116e6368fda18c2b7ab1aaa2c4e2a.jpg


    US Crude Oil chart going back to 2009

    https://hotcopper.com.au/data/attachments/5975/5975276-497914d5e2a2372630ed5353e5707141.jpg


 
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