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

GOLD

0.51%

$1,391.7 gold futures

gold, page-96585

First 96585 Last

Share
Profile

Follow
monty11

154 Posts.

6

13/06/21

15:02

Post #: 53820464
Share

Originally posted by snakesnladders: ↑

monty11 and totoschillaci

Although I recommend learning at least the basics of TA which includes chart formations, bollinger bands, moving averages and a multitude of other things, the bottom line is, those who have the money and power are the ones who control the markets and therefore hold all the aces.
They can instigate inflation or deflation or whatever they desire, whenever they want. They are known as the Globalists or the Ruling Elite as they refer to themselves.

There are, among others, the Rothschilds in the UK and the American and international bankers in the US known as the "Federal" Reserve which to a large extent makes TA take a back seat. Even when they have their FOMC meetings, the whole world listens.

The GFC was wanted by these so called Elitists. At the time Alan Greenspan was their puppet. They do whatever they can to make themselves and their banking buddies richer. Those QEs did nothing for the "useless eaters" as they call the citizens. Like I have said, the salary and wage earners paid for the interest charged whenever they made a loan.

The inflation in the US is at a 13 year high now. There was a bullish Golden Cross recently. It's a chart pattern where short term moving average crosses above a long term moving average but the gold price is down and struggling to close above $2,000.

You decide if they have the game sown up.

Expand

Agree, that is what I thought with the bullish golden cross and real rates being negative the gold should move higher but it doesn't. Invested heavily in gold producers based on that but price has stayed within its range. It makes sense some at top or the elitists controlling the narrative (manipulation).

Value at posting: $1,391.7
1 Upvote

0 Great analysis

Reply

Top Stories

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

BUX

Buxton projects new graphite province discovery at WA Narryer play

There are more pages in this discussion • 32,806 more messages in this thread...

First 96585 Last

Add GOLD (COMEX) to my watchlist

gold, page-96585

Top Stories

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

BCI reaches close of funding facility for salt-first part of Mardie project

Buxton projects new graphite province discovery at WA Narryer play

Featured News