Australia's largest stock trading and investment forum Australia's #1 stock forum

GOLD

0.51%

$1,391.7 gold futures

gold, page-127876

First 127876 Last

Share
Profile

Follow
spiderman14

6,093 Posts.

319

06/07/24

15:44

Post #: 74637744
Share

Originally posted by slange: ↑

So a look at the make it up as you go numbers and well they are obviously made up to suit the narrative at the time then revised lower as all that matters is the headline numbers of the moment. The revealing thing here is the obvious continuing weakness of the economy.

I decided to stick around for the NFP announcement just to have a look at what these guys have got left in the tank and how they intended to run their operation..
Below is a 1 second on the Farce and the massive gap on the far left of the screen was on the exact moment of the announcement as gold was smashed lower just less than $20 in what can only be described as an act of desperation.

On to the 5 minute with the deranged smash clearly visible. then onwards and upwards

Looking at the US Dollar and it dropped on the announcement before reversing higher then higher still before coming back down as the higher move was having next to no impact on gold. Obviously no gold bashing strait jacket operations was in the Bankster plans.

A daily on the game as gold looks to take out its next main upside number at $2420.08 Its good to go.

GDX beginning to break higher.

Daily on silver as it continues to break higher with the next number of note to exceed $31.82

The aussie showing signs of breaking higher

Aussie gold starting to perk up.

Expand

Nobody looks at those jobs numbers seriously anymore, they are pure bunkum and manipulated so that insiders can trade the BS numbers accordingly.

The only way to save the US is to revalue Gold to between 10 to 20k and that would underpin their balloooning 10s of trillions in debt that will top 50 trillion by 2030.
Imagine the interest to service that if will take out most of their GDP.

If they are holding the most gold as they claim they might survive a while longer.
If they have been lying and the Gold was sent overseas ....oh no.

Dems and Republicans fighting to not be the ones holding the bag when the music temporarily stops.
6 Upvote

0 Great analysis

Reply

Top Stories

HXL

Hexima shares rise 66% on proposed acquisition of AI player Real Thing Entertainment

Drilling at Lady Ilse suggests gold-copper porphyry, grows footprint for Magmatic

Acquisitions roundup: European Lithium, Diatreme Resources and SRJ Technologies

AAI

NYSE-listed Alcoa Corp joins ASX through key JV acquisition

OPL

Opyl forms JV with UK and US consortium to bring products to the world