If Gold ever closes above this line, then a major breach of ^Th^ei^r defences has occurred.
(media.greatawakening.win)
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Can’t happen and won’t be allowed. JPM controls the futures market and always fixes the market to suppress gold and silver.
They are bleeding gold and silver hard.
The more they smash the price the more people buy.
This is the way.
True, but the mechanisms that they use to do so have limitations. Put too much strain on it and it will cease to function as expected.
Nope, infinity puts and shorts. They do not ever have to deliver.
Huh? What is special about 2074.48? Seriously, I don't know much about gold. Is this a gematria thing?
It means there is a massive sell order somewhere in that area of price, so that any approach to it is sent packing back down again - it's basically the all-time high fiat price for Gold.
Price can breach that level if enough people are buying, but mechanisms are in place to ensure that price doesn't close above that level. If it does it indicates a serious weakening of their ability to overcome the buyers by selling more paper gold that doesn't actually exist.
The day the people in the paper market decide to cash out is the day that the paper machine fails bigly. There are clauses in the contracts that mention the sale can be settled in dollars rather than actual gold delivery (that's how they get away with it) - but if inflation and BRICS devalue the dollar too much it will become impossible to control and the whole mechanism will break.
The "people" that own all the paper gold, through the singular corporate entity that exists, and their holding companies (Alphabet, JPMorgan Chase, etc.) and control companies (BlackRock, Vanguard, etc.), are the exact same people that are manipulating the futures market. If they ever "cash out," it will be because they want to crash the system.
The system has to fail. Both WH and BH (assuming they are actually two different entities) require it for their respective plans to move forward (assuming there are actually two plans). WHEN it fails, the only way to tell who won will be what comes out the other side. In other words, there is no way to know until after the fact. The Crash itself must happen regardless.
The Crash will not be a "win," but rather, "the Beginning of the End of The Plan."
Soooo you're saying we can short the federal reserve? 💦
Not an expert but. Apparently if gold crests the line marking the two previous highs then it will have "broken resistance" to continued upward movement. The next line of resistance is approximately 10 or 15% higher. (TLDR: if it goes above 2074.xx then it should go to 2300+).
Well maybe. I am not knowledgeable enough to make the call.
To me though as a simple person... I assume the numbers on vertical axis of the graph are American Dollars. Taking into account monster inflation how is it a surprise that the price of gold (or anything) is at this time more Dollars than its price used to be two years ago in 2021 Dollars?
I too would like to know.
GME uuup, paper gold/silver down, crude oil up, stocks in general down, BTC down.
Once BRIICS and all of the other nations climbing on board get it all together with a gold backed currency, fraud infested COMEX and LBMA are going to get their asses kicked and there will be an alternative. Aside from that, anyone stacking precious metals should be doing so not as an investor but as a means to preserve wealth and a hedge against SHTF. Current metals prices don't represent anything REAL.
https://www.zerohedge.com/news/2023-05-11/three-factors-driving-gold-higher
edit: It should be noted that the comment about Gold destroying the FED..
https://qanon.pub/#2619
Doesn't appear to relate to the commodity, but rather the use of Gold in satanic ceremonies (imho).
I have a theory that the white hats (we have the gold) have a YUGE stash of gold. Banks have been buying physical and pushing paper on everyone else. Initially, Gold will soar and then finally the cabal accepts gold as a standard because they think their positions are safe knowing that their gold is now worth trillions. The white hats then announce their stash of gold in the treasury making the dollar To gold ratio MUCH smaller in comparison. Boom!
So, to your point about "pushing paper", is that represented in the pattern of all the advertising done to push gold IRAs?
I have noticed that there is a lot of pressure out there to push Gold IRAs.
Just curious.
I'm a "if you don't hold it, you don't own it" kind of person, but have been curious about the big push to entice people to move their funds into gold IRAs.
Thanks.
Then how does it return to we the people?
Yeah, fuk … the dreaded ‘Tripple Top”. If the next two weeks are not a ‘blood-bath’ in the precious metals markets, this is gonna be a good sign for our side