Goldtent TA Paradise

Meanwhile back at the Mine

1. Mike P. says:

   December 14, 2021 - 12:46 pm at 12:46 pm

   Agreed, until the manipulation is ended and until the monetary system is in the end game. I perceive our debt based system is tightening (FED tightening and bankruptcies) which is going to suck dollars out of all assets, including PMs. Once the reflation happens, or before it happens (gold will sniff it out), gold will take off. I think that phase will be the end of the FIAT USD. Until then I think the sidelines is best. Why else are the big boys selling? They know.

   I think my biggest issue with talking heads in the social media financial sphere is time. They say, “In three weeks…!” Another says…by March! And so on. History shows things take time to cycle in and cycle out. It’s very rare to have a sudden shift in a day or in a week, unless it’s govt manufactured. Us, who watch these events, need patience. It will play out but not at the speed we think and that can be maddening. The best play right now is probably volatility but the safe play is (some physical) cash and wait until we see BTC at 20K, gold at $1,400 and stocks prices much lower.

2. Mike P. says:

   December 14, 2021 - 12:50 pm at 12:50 pm

   However some disagree – https://www.zerohedge.com/markets/nomura-capitulators-are-ringing-bell-just-time-bullish-reversal