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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (155308)	3/26/2020 11:56:34 AM
From: Maurice Winn	1 Recommendation Recommended By carranza2 Respond to of 218068

Jack Farchy who wrote that seems carried away with the idea. But mining is irrelevant to the gold price. The whole point of buying gold is store of value because it can't be produced in a quantity that can disrupt by dilution the store of value. And the price isn't determined by airliners. The price is a function of fear that other options are foreclosed. At present I'm all in on shares of cyberspace, and fuel in New Zealand. Essential things. If governments move to confiscate those even more by aggressive taxation which is already 50% tax then gold bitcoin etc become desperation bolt holes. Right now governments are going full scale deflection on dilution of people holding money via borrow and hope, quantitative easing and other MMT Magic Money Tree swindling. But they can also simply kleptocrat share holdings via turbocharging taxation even more. They are like drug addicts and alcoholics. And fat people. They NEED their fix. Funny that nearly a year ago at around $1200 I was once again eyeing gold via GLD. Shoulda done it. Was about to do full bail out in January and huge TSLA short but went offline in Vietnam for a couple of weeks. Then didn't want to bail out so far from the peak. Curses. Mqurice

To: TobagoJack who wrote (155308)	3/26/2020 2:17:26 PM
From: sense	Read Replies (1) \| Respond to of 218068

Funny, but I have yet to see anyone explain how taking delivery as 400's in London resolves a shortage of physical in marketable form in North America ? The tweaking of the futures market to get them "back in line" with the dictates of "the markets" is still left proving the isolation of "the markets" from... reality in the real marketplace where real things are bought and sold... and actually delivered. It isn't a "one off" though. Supply chain issues are occurring in every market... even if not made as obvious with well honed metrics proving the dislocation as occurs in the instance of the gold trade.. I expect you are correct about a coming flood of gold sales in India as events take hold... making it useful to study the same elements as apparent between New York and London in terms of the patterns in flows... I'm sure there is still no silver shortage... at the silver mines ? But knowing that won't put product in the coin stores or jewelry shops... when people are there to buy ? Changing "what qualifies" as "a delivery"... that isn't actually a delivery... doesn't alter the fact that the stores have no product to sell ? The timing issues... are what matters... not the evidences of the disruptions... but the timing in the impacts in those elements, the awareness of which we have already... that has its impact on others with a lag, as they become aware more slowly... which is true of changes that occur, both coming and going ? The disconnect between demand and supply in gold and silver... not likely to be resolved in the next few weeks... meaning ongoing dislocations will exist... between demand not being met somewhere... and excess supply not being able to make it to market somewhere else. In the divide between them... there is exposed truth about markets, which is truth which "the usual suspects" will protest... exactly as seen in the London gold delivery scheme... as "they" will not find or win any advantage in it. Doubling down on "normalcy bias" in market momentum is, for them, an investment in the future. The risk for them... occurs as people are forced to notice how broken the markets are now... if that starts asking questions about how broken it has been all along...