Gold Backwardation and Masks
I have not worn a mask nor gloves since the exercise began. All I have seen is fear for months when I go about my daily life. When the few people who have asked about my non compliance I simply
say with a warm smile “Be not Afraid”. I traded out of the goldies on May 19 when the GDXJ had traded outside the daily Bollinger bands for three days as noted in my May 19 comments on Patricks
post about silver possibly topping. Generally, when you trade and close above the BB on a daily for three days you have a 82% chance of a short term top similar to what occurred on Feb 24th of this
year. I learned about the implications of backwardation from the writings of Dr. Antal Fakete where he argues that when a monetary metal like gold goes into backwardation it implies that the payment system/supply chain is about to collapse. Gold went in and out of backwardation starting in the third/fourth quarter last year and we all know what happened after that. As I write the futures price of gold is lower than the cash price giving us backwardation again.
Hi Noman. I don’t think the backwardation is an issue.. it’s just we are hovering close to spot price until contracts roll-over. You’ll get a jump of 18$ in contango on the 27th at 13:30 EST.
Me too Noman. I will not wear masks/gloves either. I think I’ve been out just about every day here since the “lockdown” in CO. Many days at the local coffee shop, grocery store, my private office, all three. My wife too.
Also, the BB crash and mid BB support has been a great tool that I look at too. Good eye there.
Fortunately for the the selfish folks who refuse to wear masks to assert their “inalienable rights”, there are enough people out there who ARE concerned about the well-being their fellow man and do wear masks that they are protecting YOU from getting the virus.
My daughter has contracted the virus, and is seriously ill. Seeing the crap that folks like you post makes me really want to believe in the concept of karma…
Nice try. So you will be one of the drones repeating the script your masters give to you regarding vaccines too Simon? Those who refuse the govt.s injection will be selfish right. Nice. I believe in building a healthy immune system, allow your God given system a chance to build up it defenses, making sure to eat health, exercise, sleep, get plenty of sun/vit D.etc. Those people walking around with bandannas are not blocking anything close the size of this “virus” Only the most hard core medical masks do that anyway. Are you still asleep to the fraud that has been perpetrated on you? None of the numbers have added up from the get go. You need to question what your authority figures have fed you from the time you were a baby Simon.
Simon, I am truly sorry to hear that your daughter is sick. It is of the utmost importance that you read about this protocol. A successful protocol has been developed by a consortium of the USA’s top medical universities. https://spectator.org/a-report-from-the-front/
If you would like to receive a copy of the pdf protocol email me at pk34145@gmail.com
Thanks PK for the pdf protocol. Much appreciated.
Didn’t he just say that his daughter has contracted the virus. Do you not have any common decency and empathy for your fellow humans?
You are all a disgusting lot.
I would like to intervene and I feel qualified to do so
First of all I am and I am sure we all are very sorry to hear your daughter is ill with covid Simon.
Please let her know we are all hoping for a speedy recovery and let her know from an Old 70 year old moderately overweight survivor of covid…she certainly will be well soon.
However are you certain she “caught” covid from some uncaring unmasked carrier >?
In my opinion it is just as likely she “caught it” from wearing a mask.
This article from a respected virologist that I posted the other day explains the other side ..and I think it makes a LOT of sense.
Wearing a mask…especially a cloth mask but also medical masks attracte germs …they sit there right in fromt of your mouth and nose and they are small enough to walk right into your body thru the pores.
Also many wear these things for days or weeks..where are they when they are not being worn ? Does anybody wash their cloth masks daily ?
Also they make you sick because of reduced oxygen intake over long periods.
Here is the article again
https://goldtadise.com/?p=465649
note I stand by my comments in this post !
Where there is Risk there must be “choice”
Question for those who believe masks protect “Others” but don’t protect YOU
How do you know this ?
The WHO and CDC initially said masks do not protect anyone and they are a fools errand.
Then when masks became more plentiful the said tnere “may” be some protective advantages
I have seen no studies that prove anything one way or another.
Some things CAN NOT BE PROVEN.
So therefor we have choice..
choose to believe you are altruistic for wearing a mask ( with no proof)..just because you think so OR vice versa.
That’s what it comes down to.
last point ..in our local hospital a patient showed up with covid…5 nurses who were completely gowned and crowned and masked became infected from this one person.
Fully, though I don’t agree with most of your analysis, I respect the measured way in which you presented your comments. That said, one of my closest personal friends, who I have known all my life, recently retired as Director of one of the major research labs at NIH, and there is no one I know whose knowledge and analytical abilities I respect more than his. He in turn knows and has enormous respect for Fauci as a scientist. Forgive me, but I have to put large measure of confidence in their conclusions and recommendations based on the admittedly incomplete data they (and we all) have to work with. Based on what I know from them, forgive me, but I have more confidence in what they believe to be true than much of the current speculation and commentary from conspiracy theorists and Russian bots.
No, I can’t be sure that my daughter caught the virus from or because someone with Covid was not wearing a mask. Likewise, you can’t be sure the nurses caught the virus from that one patient. My daughter has been struggling with the virus for more than 2 months, The fever abates, then returns, and so on. Noman, her doctor has prescribed lots of rest, fluids, vitamins C and D, and zinc. We have our fingers crossed.
I find this forum invaluable for information on PMs, etc., but I am am really disappointed and repulsed by some of the more extreme stuff guess that’s been posted here lately. I guess we’ll only learn in the fullness of time who was closer to the mark.
“…more extreme stuff that’s been posted…”
It seems we are like rats in a cage attacking each other. I wish it were not so. We should be helping each other combining our strength’s and increasing our joint productivity like when Simon suggested I call
customer support at Fidelity to fix a problem and it worked! Thank you Simon! Very sorry to hear about your daughter. May I ask what treatment protocol your doctors proscribed?
prescribed
Lets focus on what we are all here for. Gold stuff. We are gold silver nuts. We were born this way. In another life I may have been a money changer outside the temple. Who knows? All I know is the repo market failed on Sep 17 of last year and the repo market has failed right before every financial crisis in history. Before the 1987 crash the repo market failed, before the 97 Long Term Capital Market crash, the repo market failed just before the 2008 crash. Focus.
To Simon .
Fair enough but How come if Fauci is such a great man / scientist he has NOT endorsed the use of Vitamin D Vitamin C Fluids rest and Zinc…as recommended treatments for Covid patients recovering at home ?
Not a word about any of this from the CDC NIH or anyone with lockdown powers
Good for your doctor to do what he knows will help .
I had symptoms off and on and off and of for 4 months. She WILL get better.