The precious metal is selling off in dramatic fashion this morning, and this comes after a week long selloff in the metal. Here’s a shorter term 30 minute look:
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Looks like the we will be testing the lows from July soon, maybe even today:
Joined Jan 27, 2008
7,405 Blog Posts
A modern, much more passive gold confiscation seems to be taking place..
bitcoins?
Ha ha! No. Instead of the Executive Order 6102 of 1933, gold is being confiscated by our overlords via capitulation… crafty af 😉
exhaustion gap perhaps???
possible
I never expect to hide out in gold or utilities. It’s like the tee-vee commercial where the kids want to hide in the shed with the chainsaws. The only place to hide is cash.