The power of #Gold vs Currencies. The reality is the value of currencies are depreciating annually, you are better off investing or hedging in #bitcoin or #Ethereum.
Archives of “Gold / Silver” category
rssYou don’t get setups like this very often
$Gold in 2006 went from $725 to $550, a 25% decline. Lots of fear then to
$Silver to $185 by mid-2027?
Central banks continued to purchase gold in May with net purchases of 57t, driven mainly by Thailand and Brazil
If $Gold’s current bull leg matches its 2000-2011 leg in time, and we stay in the parallel channel, we can look forward to $4,500-$20,000 by late 2027.
Crucial Update : #GOLD #SILVER #PALLADIUM #PLATINUM – #AnirudhSethi
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An Update : GOLD ,SILVER ,PALLADIUM ,PLATINUM -#AnirudhSethi
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Gold ETF’s fairly firm despite Fed’s dot plot shift
XAUSD
Gold ETF’s are firmer than I would expect.
In the last Fed tapering ‘tantrum’ of 2013 gold lost about 20% of its value. Would have expected to see gold etf holdings to fall more quickly than the ETF holdings charts indicate. Levels steady at around 101.052M.
I still favour a sell on rallies up to gold spot around $1830.
An Update : #GOLD #SILVER #PALLADIUM #PLATINUM – #AnirudhSethi
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