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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.44-0.2%Dec 5 4:00 PM EST

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To: TobagoJack who wrote (185943)4/3/2022 10:52:57 AM
From: Haim R. Branisteanu  Read Replies (2) of 218253
 
TJ it is high time to stop calculating gold value against the USD. The USD lost its relative value to the rest of the commodities. Your graphs are meaningless. This morning received a call from Siberia the war in Ukraine is unraveling every aspect of Russian industry. I did not wanted to speak about the war as not to endanger my counterpart - so we talked about health of relative and mine.
Very little is know what is going on inside Russia - another Russian friend tested the waters if it is possible to come to me, lives near the Ural mountains.
So forget the currencies they are pieces of paper and gold will enter a long bear market as the gold mines in Russia are doubling their output to support a economy in free fall, not that EU or US are faring much better but will recover much faster.
IMHO iron ore will surprise everyone.


BTW on your morning breakfast squize some fresh lemon juice on the avocado.
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