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

To: TobagoJack who wrote (184137)	2/18/2022 1:36:10 PM
From: sense	1 Recommendation Recommended By Pogeu Mahone Read Replies (2) \| Respond to of 217720

I wouldn't say they're "not positive" in reality... as it is a general truism that the historical role of gold as a valuable asset in financial markets... the value of which rises with inflation risk and systemic risk... has long been deliberately undermined by the banks. I don't think that means gold has lost that function as "money" or "store of value"... it only means they've suppressed its use in that role for a hundred years. So, it's "good news" for gold that the market that USED to be dominated by western financiers... is no longer dominated by them... because they've made themselves irrelevant in that market. The rising level of wealth in other cultures, as in both China and India, that DO value gold culturally, as well as rationally... means that the control of the market is, by default, surrendered to the those who do want and value gold... the price of which must rise with demand over time. Demand will be rising with the growing wealth of those who value it, and more, again, as the future supply has been throttled by the lack of investment enabling future production. But, yes, I take your point... that the TONE of the articles is dismissive... And, of course... they're PURPOSEFULLY doing that , now, while avoid noting gold's role as a hedge against inflation... AND systemic risk... at a time when we have more systemic risk... and more inflation risk imposed on us, than we've seen in thirty to fifty years... What I see in the market now... is consistent with that history of suppression... and the ending of the Basel III trade... the early stages in the resumption of a bull market... The things that did move in the last few weeks... were the metals themselves, first... particularly in the last week or two... They very pointedly failed to notice or mention that gold just broke out to the upside out of a two year old horizontal trading range... And, that's not being done out of ignorance... but is purposeful... is a reasonable conclusion... But, the thing that moved next... was the stocks of the largest producers... even non-producers like SA... but Newmont, Anglo, Sibanye... on up moves, they've been moving up a dollar a day... but, not performing equally, still... which is more obvious on down days... But, "big picture" is the 30 minute charts are serious bolly pinchers... while the longer term charts show huge upward pointing channels... Markets down... gold up... is something we've not seen since the bear markets in 2001 and 2008 ? Not too surprising why "they" might want to focus you on "down"... just now... and not "up" ? Here's NEM and SBSW on the 2 hour...