Is This Gold Breakout For Real? De-Dollarization may be the key factor. - Galt's Gulch

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Is This Gold Breakout For Real? De-Dollarization may be the key factor.

Posted by markjr 1 year, 2 months ago to Economics

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Historically, fresh all-time-highs portend drawdowns for gold... Why this time may be different.

SOURCE URL: https://dollarcollapse.com/is-this-gold-breakout-for-real-de-dollarization-may-be-the-key-factor/

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Posted by tutor-turtle 1 year, 2 months ago

You have to have real patience to be a stacker.
Buy. Hold.
Trying to out guess the market, will screw you every time.

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Posted by freedomforall 1 year, 2 months ago

Update 5 days later
Silver down 10% from 25.90 to 23.29
Gold down 5.5% from 2135 to 2020

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Posted by Abaco 1 year, 2 months ago

This is a "breakout"? Interesting...

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Posted by freedomforall 1 year, 2 months ago

Haven't you noticed that since the widely trumpeted 'breakout' (or sucker rally) to $2135/oz that Wall St
traders (aka price manipulators) have dropped the price of gold more than 5% in 2 days, and dropped
the price of silver more than 6% in 2 days?
Sure, it's different this time and the scum on Wall St will keep cheating everyone else like they always have.
Wall St is a giant con game and the SEC is a willing participant.
Next opinion from gold bugs: another "buying opportunity" for gold.
"Paper" gold indices should be banned.

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