I HAVE FOND MEMORIES OF MY LONDON CNBC INTERVIEW IN FEBRUARY 2010, IN WHICH I FORECAST $1400. MY TARGET WAS SOON MET AND $2000 WAS REACHED. LOOK IT UP ON YOUTUBE, IM NOT ALLOWED TO POST LINKS HERE
SIMILAR TO CHART PATTERN TO BTC, THOUGH AN ORDER OF MAGNITUDE LESS IN PRICE
WHAT CAUSED THE OCT 2012 TO JUNE 2013 CRASH FROM 115 TO 1230? PAUL CRAIG ROBERTS AND DAVID KRANZLER HAVE LONG SAID THAT GOLD IS MANIPULATED VIA NAKED SHORTS TO SHORE UP THE USD. AT THE SAME TIME, OIL COLLAPSED, POSSIBLY FOR GEOPOLITICAL MOTIVES, TO UNDERCUT CERTAIN OIL PRODUCING COUNTRIES. EQUITIES ARE CERTAINLY MANIPULATED. BOTTOM LINE IS THAT THESE ARE NOT FREE MARKETS, THEY ARE LARGELY CONTROLLED BY CERTAIN MONOPOLY INTERESTS, E.G. CENTRAL BANKS.
ANOTHER KEY FACTOR ARE COMMODITIES CYCLES.
GOLD IS VERY DIFFICULT TO BUY, TRANSPORT AND STORE IN QUANTITY IF YOU ARE AN INDIVIDUAL. HIGH RISK OF CONFISCATION BY GOVERNMENT.
THE WEALTHY USE ART TO LAUNDER THEIR MONEY. A SINGLE PAINTING MAY BE WORTH HUNDREDS OF MILLIONS OF DOLLARS. THE EQUIVALENT IN GOLD WOULD BE A NIGHTMARE TO TRANSPORT AND KEEP SAFE.
GOLD FUTURES AND OPTIONS ARE MUCH EASIER TO TRADE THAN GOLD COINS AND BARS.
DANIEL BRUNO, CHARTERED MARKET TECHNICIAN
CONTACT ME
SIMILAR TO CHART PATTERN TO BTC, THOUGH AN ORDER OF MAGNITUDE LESS IN PRICE
WHAT CAUSED THE OCT 2012 TO JUNE 2013 CRASH FROM 115 TO 1230? PAUL CRAIG ROBERTS AND DAVID KRANZLER HAVE LONG SAID THAT GOLD IS MANIPULATED VIA NAKED SHORTS TO SHORE UP THE USD. AT THE SAME TIME, OIL COLLAPSED, POSSIBLY FOR GEOPOLITICAL MOTIVES, TO UNDERCUT CERTAIN OIL PRODUCING COUNTRIES. EQUITIES ARE CERTAINLY MANIPULATED. BOTTOM LINE IS THAT THESE ARE NOT FREE MARKETS, THEY ARE LARGELY CONTROLLED BY CERTAIN MONOPOLY INTERESTS, E.G. CENTRAL BANKS.
ANOTHER KEY FACTOR ARE COMMODITIES CYCLES.
GOLD IS VERY DIFFICULT TO BUY, TRANSPORT AND STORE IN QUANTITY IF YOU ARE AN INDIVIDUAL. HIGH RISK OF CONFISCATION BY GOVERNMENT.
THE WEALTHY USE ART TO LAUNDER THEIR MONEY. A SINGLE PAINTING MAY BE WORTH HUNDREDS OF MILLIONS OF DOLLARS. THE EQUIVALENT IN GOLD WOULD BE A NIGHTMARE TO TRANSPORT AND KEEP SAFE.
GOLD FUTURES AND OPTIONS ARE MUCH EASIER TO TRADE THAN GOLD COINS AND BARS.
DANIEL BRUNO, CHARTERED MARKET TECHNICIAN
CONTACT ME
