GOLD 0.51% $1,391.7 gold futures

DOC the we of you may need to be re = educated as your down Gold...

  1. 12,263 Posts.
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    DOC the we of you may need to be re = educated as your down Gold is up and even though stocks on the FED futures are again hundreds (351^) green upped again tonight the bubble is blowing up again. The Fiat system is credited way out (unable to pay debt down before virus printing press overload) but yet still all the un employed, debt, credit to lenders, and now bonds climbing soon to alarm bell levels. Oh did I forget to say VIRUS and printing presses ??? Doc still remembers what a P?E is maybe you tell your we that P = profit & E somewhat the Equity as market Capital. Your we see that little if any profit in next quarters will shock the socks off in most and blown up E in raised share prices is already a over value then real is realised = Bubble.
    -and don't forget the election and the patriot line that will get more & more as already warming up. (CHINA)
    Many Chinese in US are taking or thinking to take action in relocating as foresee what is coming...
    https://edition.cnn.com/2020/06/04/investing/chinese-companies-hong-kong-intl-hnk/index.html
    China is now starting to enter the Gold trading markets. https://apnews.com/4585eca957f541ce9224769f4648b6a0
    All that going on oh and the riots and need for fairdom?? GOLD
    GOLD has been consolidating for weeks on its platform of $US 1700 and many experts has said prior & now that a re adjust is eminent.
    All my jewellery shops locally are open and are busy as assumed as how good is gold m.50 % of demand now ramping UP
    "Another important statistic to observe after all these inflows is that the aggregated holdings of gold by ETFs now exceed the official gold reserves of every country except for the United States."
    https://www.msn.com/en-us/money/markets/as-etfs-now-own-more-gold-than-central-banks-long-term-tops-pose-risks/ar-BB152jxE
    GO GOLD

 
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