My cat Max reckons the inverted cats ears in the 5 minute chart is incredibly bullish for gold
Gold may be slowly gaining ground in sentiment as markets get forever extended. The correction due in 2017 based on money creation and number cycles has been put off by those who should know better. Bitcoin is essentially static in value since 2022 and has undergone a halving this year. Physical gold doesn't do this halving - oh no. It's quietly appreciating and it's returns since the same period 2022 viz Bitcoin is 34%.
Commodities pricing and charts tells you economies around the world are in pain as the reality of rampant inflation doesn't recede. Our Federal stooges will be looking at the next budget's receipts as iron ore tanks and wondering how to spin a story into a federal election.
Physical gold is the ultimate currency and it ain't a commodity - chart alone tells you this. When the paper PMs market shats itself await the stampede.
- Forums
- Commodities
- GOLD
- gold
gold, page-128726
-
-
- There are more pages in this discussion • 532 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)