Goldtent TA Paradise

Both have tons of gold

1. Gold Learner says:

   February 2, 2022 - 1:16 pm at 1:16 pm

   Google is so much in cohorts with the US Govt, that they announced their split before the worst payroll numbers in a while …

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   Private payrolls unexpectedly declined in January as the Omicron variant’s spread contributed to a marked weakening in the labor market at the beginning of the year.

   U.S. private sector employment fell by 301,000 in January, ADP said in its closely watched monthly report on Wednesday. That represented the first drop in payrolls since December 2020, and came after 776,000 payrolls were added back in December, based on ADP’s revised monthly print. Consensus economists had anticipated that about 180,000 private payrolls would return in January, according to Bloomberg data.

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   Also, what about the headfake in DXY to nearly 97.5 and “closing” gold below 1800 for the last day of the month of January?

   GL

2. Chartsmaster says:

   February 2, 2022 - 6:33 pm at 6:33 pm

   This could be the catalyst to crash the US Dollar. I don’t know if we are stupidly causing chaos in the world geopolitically or if the Biden administration is doing it on purpose because they know the dollar is running out of time and they need an excuse for when it happens. If we force sanctions that cause Russia and China supports them to go a different payment route it will be disastorous. China probably has more trade with the whole world than anyone including the US. If they come up with an alternative payment system then the US Dollar is finished. The world will eventually migrate to that new system and the reserve currency status is gone forever. GOT GOLD!