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GOLDTENT : WE CAME FOR THE GOOOOOLD
Many of us Goldbugs have been believers for Decades. But we have had our Conviction that Gold was the Number One Financial Asset Tested many times .
But after so many disappointments and false starts and smackdowns and all manner of manipulations and ridicule ( barberic Relics) we are now seeing our Convictions come to Fruition
THIS WEEK alone …We have has 3 ( THREE ) near $100 days , This after many seasoned Goldophiles called a TOP ( the Tariff Top )
NOPE !
This move is NUCKIN FUTS… SPECTACULAR…WHERE IS EVERYBODY..DON’T JUST SIT THERE LIKE A BUMP ON A TURD…HOW ABOUT SOME FIST PUMPS…HOW ABOUT SOME IN YOUR FACE “I TOLD YOU SO’S “…CALL A LIBTARD AND RUB THIS IN THEIR FACE…HOW ABOUT GO OUTSIDE AND YELL AT THE TOP OF YOUR LUNGS… A WOOOOOOOOOOOOOOOOOHOOOOOOOOOOOOOOOO ?
BEHOLD some charts to consider…click to enlarge
GOLD DAILY
GOLD MONTHLY
CANADIAN DOLLAR GOLD ( CANADATARD FINANCIAL WIZARDS SOLD ALL THEIR GOLD AT $400 AN OUNCE )
GOLD: BIG TECH RATIO CHART
DAILY
MONTHLY ? WHAT HAPPENS WHEN BIG TECH MONEY FLOWS TO GOLD ?
LOOK AT THESE BEAUTIES…IF YOU NEVER HELD A GOLD COIN IN YOUR HAND YOU HAVE NEVER REALLY LIVED
WHAT HAPPENS WHEN THESE THINGS ARE “REVALUED” TO THEIR PROPER PLACE ?
TAKE A BOW GOLDBUGS…NO ONE DESERVES IT MORE THAN YOU
Wooooo-hoooooo!!!!!
You know me- I like to celebrate everything, but like you said, this is nuckin futs!!!
I was going to wait until silver really gets going before wa-hooing, but I couldn’t hold it in anymore. Besides, it probably makes more sense to celebrate now than after things get ugly.
“makes more sense to celebrate now than after things get ugly.”
My thoughts exactly.
We don’t REALLY want things to go like this.
There will be desperate people ALL AROUND US before long.
No other option. Already baked into the cake – dire times directly ahead
Silver back to 85:1 would put it at almost $40, that’s when you’ll get a wohooo from me! And of course the majors are catching a bid (finally) so that’s worth celebrating. Maybe not in a week but today’s action – gold going higher and miners intraday spike-and-decay (topping tail) indicates more ‘catching up’ later down the road. Oh, plus the Fully jinx so that’ll add at least 2-3 weeks.
Sinclair always advised selling a ‘rhino horn’, but I doubt he would be selling this one. Let’s see what happens.
Great post Fully! You’re the smart one buying phys all those years – better than mining stocks by a long shot. I too was lucky enough to meet Jim Sinclair. His prediction for gold was $50,000 by end of second quarter of 2025; let’s see if he’s correct. It’s looking that way so far!
Wow, beautiful coins, Fully.
My physical gold dollar value has exceeded the dollar value of my total miners portfolio.
Amazing. My physical silver stash, which is now lagging, about equals my total miners portfolio.
I am pleased.
Wooooohooooo
I want to reinfoerce that what we are witnessing now is the formation of a top in a ten year gold bull that has reached near bubble proportions. Don’t get too comfy with what is taking place because you will be disappointed. I estimate the absolute peak of this current bull run will be a top price just shy of 3500 dollars. And down we go after that. Its just time. A ten year bull wass wonderful. But there is not much juice left to squeeze from this fruit.
What about your channel chart Farmer ?
Was it breached ?
Your call for a drop was based on that top line…i think it’s gone
That’s called a breakout
Until we see an actual reversal pattern I think a Top call is premature
Cycles fail too
Let me redraw since that was a yearly chart.
Fully, that last chart GOLD:QQQ caught my attention in two ways: the giant double top and the decline in gold (or rise in QQQ) thereafter to the final double bottom 2022-2024. Since gold has had such a great run, my guess is the QQQ balloon needs to deflate in a major way. The QQQ close at $ 444.10. The monthly trend line would have the price drop to $350, a 35% drop from the recent top. That is the minimum drop, IMO. Time will tell. Thanks for all those charts. Awesome!
Your welcome Sir I
The biggest surprise is that Long term Gold:QQQ Ratio Chart for sure
I think your scenario has merit