• 556 days Will The ECB Continue To Hike Rates?
  • 556 days Forbes: Aramco Remains Largest Company In The Middle East
  • 558 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 958 days Could Crypto Overtake Traditional Investment?
  • 963 days Americans Still Quitting Jobs At Record Pace
  • 965 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 968 days Is The Dollar Too Strong?
  • 968 days Big Tech Disappoints Investors on Earnings Calls
  • 969 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 971 days China Is Quietly Trying To Distance Itself From Russia
  • 971 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 975 days Crypto Investors Won Big In 2021
  • 975 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 976 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 978 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 979 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 982 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 983 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 983 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 985 days Are NFTs About To Take Over Gaming?
  1. Home
  2. Markets
  3. Other

Hero or Goat

I suppose one could hang enough wallpaper on a condemned house to make structurally sound for awhile. Unfortunately, our house is falling down having been papered over far too often.

The United States Dollar aka. Federal Reserve Note has ended its bull market. It has done so convincingly. 82.48 - 82.52 should not be exceeded again for more than a few days at most.

The Dollar is Dead on Arrival. The above 240 month simple moving average will serve as resistance and a cap on any further Dollar fraud by Global Central Pranksters.

Gold is going to reverse and quickly assault the 50% retracement level of the entire bear market @ $556 - $558. Jim Sinclair's got it spot on this time, although were intervention not part of the gambit, I suspect he would have been proved correct a very long time ago.

I must apologize for any confusion surrounding my previous missive. Judging by the amount of email received, it was confusing to many. Again, my sincerest apologies and I will certainly do a much better job of effectively communicating my opinions in the future. I have done my best to answer each and every email in the most clear and concise manner my time would allow, again, please accept my apologies for any confusion.

Gold has hit my retracement targets prior to reversal; 424.40 - 433.30 are effectively still open, but not much longer.

Tomorrow is Z day and my 72 hours are up!

Choose to believe or not, a healthy degree of skepticism is always prudent and healthy.

We are setting up to run and run very hard, but please do remember to sell the publics entry into gold and gold shares. I suspect we will begin a dramatic collapse in all equities once this last hurrah has concluded with a frenetic blow-off.

We are heading up the "Domed House" and it's going to be a very long slide back down.

It will then be time to sit back, having moved safely aside, and wait for Gold equities to begin a massive sell-off. I project this to be in excess of 90% losses to those holding Gold Shares. Protecting your hard earned capital will likely require preservation through Hard Assets. Precious Metals would be my choice.

Prepare for more volatility in our favor.

Regards,

Back to homepage

Leave a comment

Leave a comment