Post by
Goldenpou on Oct 24, 2024 4:18pm
US government stabilization fund involved perhaps
After 40 years of trading gold stock I think the US government are shorting just the big names, lik always at the open , through a wall street firm - to support the US dollar before the election. They dont want gold to discredit a strong dollar for the ehtire world.They want gold speculators and investors scared to get attention away from BRICS and the unpayable deficit.
I have all gold stocks listed live, yesterday they took car of gold with that stabilization fund i bet, completely legal, and today all the big stocks like ABX are down but the mid and small ones are not affected.They dont just slam gold like yesterday but also the biggest gold companies, check out today
the big ones all dived and all the mid and small ones went up.amazing red for just the big and green
for the others. Never see this as so obvious.
While gold is going up ...insane how CNBC and the press dont cover gold or Brics and they short every time the US dollar is threatened. Watch this for another 10 days until November 4. Then AI will win and they will soar.
By the way they dont touch bitcoin not associated with the deficit or dollar, no threat like gold and THE STOCKS too - never forget all those countres also buy the stocks , most do.
Comment by
Cobalt on Oct 24, 2024 4:39pm
Things may be changing; I saw a thought-provoking interview the other day. They need to inflate to save this debt mess, and this time they will use gold to do it. Hang on.
Comment by
Cobalt on Oct 24, 2024 10:46pm
Do you even watch CNBC they been discussing gold quite frequently, featuring some of the top investors who recommend gold in anticipation of future events. Tim on fast money has been picking gold for well over a year almost daily. Anyone who follows CNBC knows that gold is outperforming the markets this year. Uncontrolled debt is a significant topic of discussion these days.
Comment by
Cobalt on Oct 25, 2024 7:26am
The US dollar will not crash anytime soon. North America, and possibly just the United States alone, has the energy reserves necessary to power AI. AI is beginning to position the US economy as the envy of the world. As money pours into the US, everyone wants a share of the action. Watch how the USD strengthens as America dominates the AI race.