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


To: oldirtybastard who wrote (168166)2/5/2021 4:08:58 PM
From: TobagoJack1 Recommendation

Recommended By
ggersh

  Read Replies (1) | Respond to of 218647
 
The adjustment of gold price is as bizarre as ever whenever it happens, at least, but particular at this juncture, at the cusp of the mother and father of all all fiat dilutions.

I benefited from the short duration silver ramp and so i think understand why silver is doing what it is doing.

I have shorted GLD puts. I do not hold any GLD itself, so I am looking to buy GLD but not in a great hurry. I do not understand GLD at this moment. Yes, USD is rising on optimism w/r the vaccination. I get that. But I also understand the damages done, and that a strong dollar is unhelpful to a lot of other happenings. I guess gold is the anti-dollar on certain days.

Any how, we are lucky that gold is dropping, gold:silver ratio is also dropping.

I expect silver to drop to pre-reddit before gold bottoms.

Presumably Team Biden can soon get the borrowing, printing, spending and taxing underway quickly enough.

USD up for the next 12-18 months, then 6 months of vagueness, followed by USD down, a guess.