sixgun

Do not diss the Wonger - he has 15 thousand years of trading experience and Wonger say he go down hard. 
Nuff said.
love Wonger 💋💋

Do not diss the Wonger - he has 15 thousand years of trading experience and Wonger say he go down hard. 
Nuff said.
love Wonger 💋💋

You are viewing the asparagus candle stick chart upside down. When viewed correctly, after a period of consolidation it is upside movement over the rest of the year between $1750 and $2400 USD. 

You are viewing the asparagus candle stick chart upside down. When viewed correctly, after a period of consolidation it is upside movement over the rest of the year between $1750 and $2400 USD. 

You are viewing the asparagus candle stick chart upside down. When viewed correctly, after a period of consolidation it is upside movement over the rest of the year between $1750 and $2400 USD. 

I think the jury is still out on the last asparagus...

With Elliot wave i have seen it counted one way and then counted another way.
Price going down to $750...........
But Sir the price is still going up...........
Wait a minute, let me count again..............
Price going up to $2200.
The only issue is if the USD appreciates a lot. There is a shortage of dollars out there to pay down USD denominated debts. It could mean the price of the USD will appreciate. The thing is most of us here are buying gold in GBP.  The price of gold might be $750 USD but at the same time it could be £1500 GBP as other fiat depreciates against the strengthening dollar. Are members going to take the chance the USD will strongly appreciate and sell all your gold for USD and hold these on that chance?

No friend i will still be buying physical - it doesn't matter to me what the money changers are doing. 

Factually correct.
The US corporation bought the gold [so called confiscation]. The so called US Federal government is a corporation.
The US Federal corporation was the corporation investing in gold.
They dictate the value of the USD and it was devalued against gold. 
 

For the big miners the cost of digging and refining 1 oz is well over $1000 at the moment - so if the price of gold fell to $400 you are saying something like a $350 production cost  - so 1/3 of the current cost. So are you saying deflation will reduce costs to 1/3 the current USD levels?
Indeed you are suggesting the value of the USD will quadruple (over $1600 gold goes to $400). In the previous widespread deflationary time - the Great Depression, gold revalued higher.

Factually correct.
The US corporation bought the gold [so called confiscation]. The so called US Federal government is a corporation.
The US Federal corporation was the corporation investing in gold.
They dictate the value of the USD and it was devalued against gold. 
 

Sterling keeps falling relative to gold and other currencies.

i have heard members ask - if the price of silver goes up to £50 /oz, no-one will buy it - well how did it get to £50 /oz if people didn't buy it?
Bitcoin was a few cents in 2009 - the price of BTC has gone up a few 1000% and people keep buying.
My parents' first house was £1100 - people keep buying houses after they have gone up a few 1000%.
Gold was £325/ oz in the summer of 2007 - it is over £1400 now. 
i see spot silver is £12.74 and silver coins are changing hands for more than 50% more than that.
i'll worry about people not buying silver at £28 when it happens - i don't think it will be worrying when it does.

i have heard members ask - if the price of silver goes up to £50 /oz, no-one will buy it - well how did it get to £50 /oz if people didn't buy it?
Bitcoin was a few cents in 2009 - the price of BTC has gone up a few 1000% and people keep buying.
My parents' first house was £1100 - people keep buying houses after they have gone up a few 1000%.
Gold was £325/ oz in the summer of 2007 - it is over £1400 now. 
i see spot silver is £12.74 and silver coins are changing hands for more than 50% more than that.
i'll worry about people not buying silver at £28 when it happens - i don't think it will be worrying when it does.

i have heard members ask - if the price of silver goes up to £50 /oz, no-one will buy it - well how did it get to £50 /oz if people didn't buy it?
Bitcoin was a few cents in 2009 - the price of BTC has gone up a few 1000% and people keep buying.
My parents' first house was £1100 - people keep buying houses after they have gone up a few 1000%.
Gold was £325/ oz in the summer of 2007 - it is over £1400 now. 
i see spot silver is £12.74 and silver coins are changing hands for more than 50% more than that.
i'll worry about people not buying silver at £28 when it happens - i don't think it will be worrying when it does.

Price is very strong.
Could be £1650 later in the summer when it hits the other side of this Andrews fork.

Price is very strong.
Could be £1650 later in the summer when it hits the other side of this Andrews fork.

i have heard members ask - if the price of silver goes up to £50 /oz, no-one will buy it - well how did it get to £50 /oz if people didn't buy it?
Bitcoin was a few cents in 2009 - the price of BTC has gone up a few 1000% and people keep buying.
My parents' first house was £1100 - people keep buying houses after they have gone up a few 1000%.
Gold was £325/ oz in the summer of 2007 - it is over £1400 now. 
i see spot silver is £12.74 and silver coins are changing hands for more than 50% more than that.
i'll worry about people not buying silver at £28 when it happens - i don't think it will be worrying when it does.

i have heard members ask - if the price of silver goes up to £50 /oz, no-one will buy it - well how did it get to £50 /oz if people didn't buy it?
Bitcoin was a few cents in 2009 - the price of BTC has gone up a few 1000% and people keep buying.
My parents' first house was £1100 - people keep buying houses after they have gone up a few 1000%.
Gold was £325/ oz in the summer of 2007 - it is over £1400 now. 
i see spot silver is £12.74 and silver coins are changing hands for more than 50% more than that.
i'll worry about people not buying silver at £28 when it happens - i don't think it will be worrying when it does.

https://centralbankgold.org/2020-survey
2020 Central Bank Gold Reserve Survey
The number of central banks buying gold is expected to increase substantially this year. According to the 2020 Central Bank Gold Reserves (CBGR) survey, 20% of central banks intend to increase their gold reserves over the next 12 months, compared to just 8% of respondents in the 2019 survey. The increase is particularly notable as central bank buying has reached record levels in recent years, adding around 650 tonnes in 2019 alone.
Hmmm - these central bankers obviously aren't listening to the Wonger - more and more gold buying - but i thought the price was going down hard.

i have heard members ask - if the price of silver goes up to £50 /oz, no-one will buy it - well how did it get to £50 /oz if people didn't buy it?
Bitcoin was a few cents in 2009 - the price of BTC has gone up a few 1000% and people keep buying.
My parents' first house was £1100 - people keep buying houses after they have gone up a few 1000%.
Gold was £325/ oz in the summer of 2007 - it is over £1400 now. 
i see spot silver is £12.74 and silver coins are changing hands for more than 50% more than that.
i'll worry about people not buying silver at £28 when it happens - i don't think it will be worrying when it does.

i have heard members ask - if the price of silver goes up to £50 /oz, no-one will buy it - well how did it get to £50 /oz if people didn't buy it?
Bitcoin was a few cents in 2009 - the price of BTC has gone up a few 1000% and people keep buying.
My parents' first house was £1100 - people keep buying houses after they have gone up a few 1000%.
Gold was £325/ oz in the summer of 2007 - it is over £1400 now. 
i see spot silver is £12.74 and silver coins are changing hands for more than 50% more than that.
i'll worry about people not buying silver at £28 when it happens - i don't think it will be worrying when it does.

i notice the volume of open interest on the Comex is really low and falling (the green line) -  there are fewer and fewer open contracts - liquidity is drying up. Interest must be moving elsewhere and off the Comex. 
 

i have heard members ask - if the price of silver goes up to £50 /oz, no-one will buy it - well how did it get to £50 /oz if people didn't buy it?
Bitcoin was a few cents in 2009 - the price of BTC has gone up a few 1000% and people keep buying.
My parents' first house was £1100 - people keep buying houses after they have gone up a few 1000%.
Gold was £325/ oz in the summer of 2007 - it is over £1400 now. 
i see spot silver is £12.74 and silver coins are changing hands for more than 50% more than that.
i'll worry about people not buying silver at £28 when it happens - i don't think it will be worrying when it does.

i notice the volume of open interest on the Comex is really low and falling (the green line) -  there are fewer and fewer open contracts - liquidity is drying up. Interest must be moving elsewhere and off the Comex.