Loading ...A MISERABLE 4TH OF JULY FOR PM s
Well….Here we are …exactly what we have been buying PMs for …To protect against an extremely unstable Monetary System and to Protect from Rampant Inflation and to Protect from Extreme Geopolitical Uncertainty and indeed the threat of WW3.
All of these things have come together at one time …So…Gold and Silver to the Moon ?
Alas…Rambus 4th of July Weekend Report is a Horror Story for Gold and Silverbugs
If this were NOT Rambus posting these Targets I would dismiss them as Insane and Ridiculous .
However….I have experience with similar warnings
In 2008…he Nailed the Smash and I didnt listen and my PF got …smashed to smithereens .
In 2012 …He Nailed it again…this time I listened and Avoided another catastrophic Loss.
2022 ? ….Personally I will Not discount the Wizard.
This post is NOT for the feint of heart Goldophiles.
I admit it Pisses me off to the Nth degree to see the PMs potentially devastated in this environment !
WTF ?
Worst case scenario – a deflationary collapse on par with the Great Depression of the 1930s.
The prospect is terrifying. Our populations are unaware and ill prepared.
Such a collapse is not outside the realm of possibility.
Those who hoard physical silver and gold have a high density, tradable commodity.
Hope for the best while preparing for the worst. Stay out of debt, keep the larder well stocked, and above all look out for each other.
Right you are Foxy
Hard as it is to imagine …the Dollar will be king
So I think we need to have cash outside the banking system
Thanks to the Turd a LOT of Canadians have done so
The pattern, and the timing, still look right to me, nearly seven years later.
http://goldtadise.com/?p=351923
(The only shift is from a zig zag wave IV as ABC, to a triangle wave IV as ABCDE, so the extreme lows for gold I outlined back in 2015 are likely off the table. The turmoil will still arrive.)