Goldtent TA Paradise

“Last Friday’s close below 5078.7 signaled a weekly high should be complete and gold should eventually decline to 4372 or lower.”

As wealth inequality widens in the AI revolution, the super-rich are planning their escape route should political unrest — and taxes — threaten their reserves.

Some of America’s wealthiest individuals are starting to worry about pitchforks. Alex Karp, the billionaire chief executive of Palantir Technologies, which builds artificial intelligence-powered data-analysis platforms for companies and governments, told a recent Labour + AI Summit in Washington that the biggest challenge for AI in the US was “political unrest”.

https://archive.is/GUmgl#selection-1613.0-1616.0

• Tehran to launch retaliatory attacks on Gulf energy sites after strike at Iranian gas facility
• Swedish national executed in Iran after man was convicted of spying for Israel
• Iran strikes UAE base housing British, US and Australian troops
• Thousands of Iranians pack Tehran for Ali Larijani’s funeral

Video showed huge explosions in Ras Laffan – the world’s biggest natural gas plant – as well as Saudi Arabia’s capital Riyadh.  Energy sites in Saudi Arabia, the United Arab Emirates and Qatar were evacuated after Tehran warned it would hit them with strikes in ‘the coming hours’.

https://www.dailymail.co.uk/news/article-15656589/iran-israel-war-trump-gulf-nato-netanyahu-live-updates.html

https://www.youtube.com/watch?v=cdQYrLfUVyg&t=344s

I am currently hedging with ZSL and DUST on my portfolio.  Looking for 4500 on gold to be the bottom, and will monitor closely to see if it breaks that level with gusto.

As for Silver, risk is to 70 or 65.  Once again, will monitor closely to see if it breaks those levels.

I will still be buying on the way down in those stocks that I have the highest level conviction.  Will sell others that have less conviction in to do so while still maintaining my hedge.

Worst case, I think this could go to mid-May.  I think it would bottom before then, but consolidate before starting the next move up.

However, when a lot of people who are bullish turn bearish, that is usually a good sign that a bottom is near.  Is that the case this time?  I don’t know as there are many other things in play to complicate educated guesses.

Stewart has some levels he thinks would be good opportunities as well. He does a column every week.

http://www.321gold.com/editorials/thomson_s/thomson_s_031726.html

Also, another couple of days of this, and the miners sentiment $BPGDM will be the lowest it has been in three years. Typically a good indicator that the selling has been exhausted and that the next move is up.

Iranian authorities have newly announced hundreds more arrests across the country, describing that anti-government “pro-monarchy cells” and “traitors” have been exposed and caught.

Tehran officials have touted busting up more than 100 of these alleged cells in 26 of Iran’s 31 provinces in a major overnight security operation, describing that these groups were aligned with US and Israeli interests.

Security forces from the Intelligence Ministry “have identified and arrested 111 monarchist cells across 26 provinces before they could take action on the last Wednesday of the year,” the ministry stated according to Fars.

https://www.zerohedge.com/geopolitical/iran-says-it-busted-over-100-pro-monarchist-cells-working-us-israel

see how that works?

https://theconservativetreehouse.com/blog/2026/03/18/24-hours-after-trump-said-usa-might-leave-nato-europe-says-ships-on-the-way/

he pushes, they shove back, but things do change

I completely understand the desire to put a bold face on a bad situation, particularly during war time hostilities.  At some point though, you are doing more damage to credibility and morale, when you continue to put out fake photos and information.  After at least five efforts to show photos of BIBI that have been shown to be either AI and or old recirculated pictures and videos from the past, one can only conclude one of the only two remaining options.  Either he was severely incapacitated, or he is no longer alive.  It is time to release the truth and move on.  Any additional propaganda, is just counter productive.

Michael McNair
@michaeljmcnair

Gold and silver are not acting well in a period of rapidly rising geopolitical risks. We have an Iran War, Strait of Hormuz blockade, rising volatility. In the old framework, that setup should be close to ideal for gold. But once you understand what is now driving gold, this move makes perfect sense.

Something fundamental changed after the US and Europe froze Russian reserves in 2022. For decades, surplus countries parked their excess savings in US dollar assets, mostly Treasuries. The freezing of Russian reserves combined with the current administration’s explicit push to discourage foreign countries from parking excess savings in US financial assets, forced surplus countries to rethink where they store reserves.

And those countries haven’t changed their domestic policies that generate the excess savings, so those savings have to be placed somewhere. The result is that gold and silver have increasingly become the obvious “neutral” reserve assets.

That’s why gold decoupled from the three factors that used to explain it…real interest rates, volatility, and liquidity. Now reserve accumulation flows have become the primary driver.

That shift has a consequence I don’t think most investors have thought through. If gold is now primarily driven by reserve flows from surplus countries, then gold has become pro-cyclical.

Reserve growth is driven by export revenues, trade surpluses, economic growth in surplus economies. When the global economy is strong and surplus countries are generating large export revenues, their excess savings grow, their reserve accumulation accelerates, and gold catches a bid. When that surplus generation is disrupted, the bid weakens or reverses.

This is exactly what is happening with the blockade of the Strait of Hormuz.

The GCC countries are major reserve/gold buyers and now their export revenues are collapsing. They likely need to liquidate some reserves to cover fiscal obligations, and gold is one of their most liquid assets. Even if the reserve sales aren’t excessive yet, the market can see their reserve accumulation has stalled and probably reversed. That flow, which was a meaningful source of gold demand, has gone to zero at best.

There are also secondary effects on other surplus economies. China is the world’s largest oil importer. An energy shock of this magnitude slows Chinese growth, and compresses Chinese surpluses, which slows Chinese reserve accumulation. That same growth shock ripples through Korea, Taiwan, Japan, and the rest of Asia.

The whole chain that has been driving gold higher, surplus countries generating excess savings that need a home outside the dollar system, is being disrupted by an event that in the old model would have been unambiguously bullish for gold.

This doesn’t mean the structural case for gold is broken. The dollar standard is still ending. Surplus countries still need an alternative to Treasuries and gold is still the most obvious destination. But it does mean gold is going to be more volatile along that structural trend than most people expect, and the volatility will correlate with global growth and surplus generation rather than with the old drivers. Gold rallies when surpluses expand. Gold sells off when surpluses contract. Even if the reason for the contraction is rising geopolitical risk that, under the old model, should have sent gold to the moon.

…as he screamed while passing the 50th floor…”So far so good!!!!!!”

39 phucking trillion……and my share is only 357k, what a bargain.

I am so gosh darn proud to be governed by imbeciles…..time for some legislator floggings…..

He’s a bit of a dick when you watch him on video (always seems like somebody shit in his corn flakes), but he does seem to nail the turns pretty well.  His latest X post.

We are getting close fellas….was it over when the Germans bombed Pearl Harbor?  Hell no!!  And it’s not over now!!!  The bull market that is…cyclical cycle low in a bullish PM trend.  Keep the faith.

A diversity hiring policy affecting the recruitment of judges and public prosecutors in Berlin has come under renewed scrutiny after the city’s justice senator warned that the system may conflict with Germany’s constitutional requirement that public offices be filled strictly on merit.

https://www.zerohedge.com/geopolitical/berlin-accused-prioritizing-migrants-over-merit-hiring-judges-prosecutors

AND

‘Europeans Committing Demographic Suicide’: EU Politicians Gather To Discuss Immigration Crisis

“As Europeans, we are committing demographic suicide. We are a continent of old rich people, facing a continent of young, hungry, and determined people — ambitious people. We’re still trying to manage migration with hopelessly outdated tools, using conventions from a century ago. They have completely lost their meaning today. In practice, I’m talking about the Geneva Convention. This is the ‘sacred cow’ we should get rid of,” Ballester emphasized.

The “Taking Back Control” paper, which was recently covered by Remix News, outlines 18 ways Europe can regain control of immigration policy. Ballester emphasized that these policies need to be implemented and quickly.

https://www.zerohedge.com/geopolitical/europeans-committing-demographic-suicide-eu-politicians-gather-discuss-immigration

AND

18 ways to reverse the EU’s immigration disaster and give power back to member states

https://rmx.news/article/18-ways-to-reverse-the-eus-immigration-disaster-and-give-power-back-to-member-states/

An energy shock, a deteriorating macro backdrop, and shifting policy expectations are all converging, and the euro is starting to reflect it. What looked like a contained selloff is now turning into something more structural.

BofA FMS: “54% of European investors expect growth in Europe to flatline in the months ahead, up from 15% last month, while 29% think the economy will accelerate, down from 74% previously”

https://www.zerohedge.com/the-market-ear/europe-getting-hit-all-sides-and-euro-cracking

Russia has lodged formal protest with Israel following its reported strikes near Iran’s Bushehr nuclear facility, angrily warning that the attacks directly endangered Russian personnel on the ground.

The Kremlin made clear to Israel that Russian nationals working in and around the facility were put at risk. Russian state media described the communication delivered to Israel via the Russian embassy “official demands” – which indicates a formal escalation in diplomatic pressure. Even more provocative is that reports indicate Israeli strikes may have directly targeted residential quarters housing a Russian nuclear expert.

“Attacks on nuclear facilities blatantly violate the key rules and principles of international security,” Likhachev emphasized.

https://www.zerohedge.com/geopolitical/russia-evacuates-hundreds-its-specialists-irans-nuclear-bushehr-complex-after-missile

https://www.zerohedge.com/energy/gulf-energy-reroute-iraq-restarts-ceyhan-pipeline-exports-iran-pushes-new-hormuz-transit

Tomorrow’s a mystery, yesterday history, but today is a gift, that is why they call it the present.

Here’s a gift for any looking to buy some dippage…

Ah nothing like the promise of Spring, March 20th fellas.

That’s right batman, this stock will now have buying pressure separate from guys like me who buy this because it’s a great stock and a good story.  Don D’s recent write-up on Andean in a substack article.  I can’t keep giving you guys this stuff for free….somebody send me a sixer!

One of my favorite lines in the movie… Be Brave.

“Be brave, Professor. Be brave like my mother…otherwise, you disgrace her. Otherwise, she died for nothing. Otherwise, the bowl will remain empty…forever.”

We need this before the rebound which will be choppy.
Maximum fear and despair by end of week.
We will have lost all the newbies to this space only to see them return to purchase our shares on the final parabolic rise.

A federal appeals court has upheld a lower court decision blocking the Trump administration from freezing trillions of dollars in funding to states.

A U.S. Court of Appeals for the First Circuit panel of judges said in the March 16 ruling that the White House Office of Management and Budget (OMB) arbitrarily and capriciously directed agencies in early 2025 to pause funding.

The OMB “directed the Agency Defendants to freeze such funds without considering an obvious aspect of the problem—namely, the reliance interests of the recipients of the obligated federal funds that were to be frozen,” U.S. Circuit Judge David Barron, writing for the unanimous panel, said in a 58-page decision.

“We thus agree that the States are likely to succeed in showing that it was ‘arbitrary and capricious to ignore such matters,’”

https://www.zerohedge.com/political/federal-government-cannot-implement-sweeping-funding-freeze-appeals-court

Democrat appointed judges appear to be doing all they can to ensure that DJT is frozen or blocked on his ability to govern!

https://www.lifenews.com/2026/03/17/scotland-defeats-radical-bill-to-legalize-assisted-suicide/

https://x.com/Osint613/status/2033988906664784252

There was chaos aboard the USS Gerald R. Ford after a major onboard fire knocked out a big swathe of living quarters, leaving hundreds of US sailors without beds in the middle of a live war deployment, in what marks a much bigger incident than what the Pentagon previously disclosed

The fire occurred last week, raising immediate questions of whether it was hit by an Iranian drone or missile attack, as Tehran has claimed, amid Pentagon insistence that it was none of these – but just an accidental fire.

Already the crew and ship are strained to their limits, given the carrier is on its way to achieving a record deployment, entering ten months. The crew has reportedly been informed that they will be deployed into May, which would make an entire year at sea, after the prior Caribbean deployment focused on the Venezuela anti-Maduro operation.

https://www.zerohedge.com/geopolitical/details-fire-us-navys-largest-carrier-much-worse-previously-known

Tehran’s Strait of Hormuz blockade could cut off supplies of vital drugs to UK patients, Health Secretary is warned

In a letter to the Health Secretary, Dr Leyla Hannbeck, the organisation’s chief executive, said disruption to international trade could make an already difficult situation “far worse” for community pharmacies under strain from the fragile global supply chain.

Dr Hannbeck said: “Many common drugs, including aspirin, paracetamol, ibuprofen and a range of antibiotics, rely on petroleum-based ingredients as well as other raw materials sourced from the Middle East and beyond.

https://archive.is/5z2id#selection-3401.0-3417.160

Whether this was done at the US’ behest or behind the US’ back remains to be determined, but there’s no doubt that this is an extremely unfriendly move, and it’s also very likely that Russia tipped India off.

If that’s the case, then Trump either signed off on it or his “deep state” is also going behind his own back as well, perhaps to unilaterally make progress on the geopolitical project that the former Bangladeshi leader warned about in early 2024 regarding the carving out of a Christian proxy state in the region.

https://korybko.substack.com/p/ukrainian-mercenaries-were-caught

Arthur Kachikan, doctor of political science from Armenia, just delivered the clearest verdict yet on the nine-day Iran war. This is not another regional conflict. It is the final earthquake that buries the entire system humanity built after 1945.

https://x.com/Mark4XX/status/2033484275132117227?

1 1/2 minutes

Sooooooooooooo poster seems pretty devastated that globalism and “rule by the elite for the elite” is dying??

No mention of the +6B souls that TPTB planned to euthanize by 2050 though. Canada leading the way with MAID of course (goal is 40% of existing Canadian population through MAID by 2047 – only ~4% voluntary the rest mandated – read the plan!! –  https://journals.sagepub.com/doi/10.1177/00302228251323299) 

https://x.com/Breaking911/status/2033939064324264001

15 seconds

Israeli officials told U.S. counterparts they hope for an uprising even though it would lead to a massacre, according to a State Department cable reviewed by The Post.

The cable, circulated by the U.S. Embassy in Jerusalem on Friday, relayed an Israeli assessment that Iran’s regime is “not cracking” and is willing to “fight to the end” despite the Feb. 28 killing of Supreme Leader Ali Khamenei and the ongoing U.S. and Israeli bombing campaign.

https://archive.is/7RPWq#selection-391.0-395.1

The Liberal government is honking its final horn in its legal battle to validate its invocation of the exceptional powers of the Emergencies Act to deal with the 2022 Freedom Convoy protests.

Tuesday, Prime Minister Mark Carney’s government filed its application for leave to appeal to the Supreme Court of Canada (SCC) in the hopes that the highest court in the land overturn two earlier decisions against Ottawa.

Now, the Supreme Court of Canada must decide if it will hear the case.

But the federal government faces a high bar for its appeal to be heard because there was no disagreement between the Federal Court and Federal Court of Appeal, meaning there are no major legal questions to be answered by the SCC.

https://www.msn.com/en-ca/news/canada/liberal-government-appeals-emergencies-act-decisions-to-the-supreme-court/ar-AA1YQYaD?

https://x.com/EricLDaugh/status/2033978860660756603