What Is Gold Trying To Tell Us ?
As a weather forecaster, I’m used to reading a barometer. As most of you will know, gold acts as a barometer as well. Like the meteorological instrument, it just sits there, static, reflecting what’s happening in the world around it. Gold has been showing a steady build of pressure. That enormous basing pattern and all of the global breakouts in gold price should’ve been setting alarm bells ringing. I can’t tell you just how bad this is all going to get, but gold is saying we’re at high risk of some very difficult years ahead.
Thats what I told my dad yesturday… gold is like the center of the monetary universe… its mostly not going up in price because its appreciating… its because the fiat currency is depreciating. Aa simple as that. Inflation (or expectations of it) is the direct reason gold moves. The reason for inflation? Well money printing for one… fractional reserves… etc. A lower price of gold would mean we’d all be wealthier.
What are these symbols telling you
OLN, RGR, AOBC
Seen any funny Hitler videos lately northstar? 😉