Dear CIGAs,
I just arrived in Dubai and am expecting to attend a meeting later today only one inviting hour from Oman.
It is 7am and already the gold store here is three deep with clients. The demand for gold is international with a superior understanding of its status as the currency of last resort.
The ability of the paper gold exchanges to be the playground of gold banks is now quite limited in time. Gold’s break to a new high, regardless of the machinations of the manipulators, indicates that ballistic move to $1650 is now within easy reach, as was $887.50, the true high for gold in 1980.
Those persistent little buggers short of gold shares are about to have the spiritual payback experience for what they gave us.
It is time when fabrication, manipulation, and pretend and extend no longer control markets and influence economics. Confidence in an all powerful Federal Reserve is about to implode.
I sent you a message to strap yourself in as this repeat of 1979 is about to take gold to $1650 and beyond.
Respectfully,
Jim in Dubai
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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18 | 84944014 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
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0.004 | 23145454 | 5 |
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