Here's one of our latest video reports!
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Josh Sigurdson talks with author and economic analyst John Sneisen about the very real possibility that we could see a massive rally in the price of gold as well as silver in 2018 as gold breaks its 5 year bear market trend as the VIX collapses.
This is a key technical level and appears to show some great optimism going into 2018.
The Vix has fallen near its year's low as gold has found its way back to its 100 day moving average, the highest level it's seen in months!
Gold and silver are wealth insurance, not investments, but of course they've been heavily manipulated for centuries by banks, most notably since the 1930s by the Exchange Stabilization Fund which was actually funded with confiscated gold under FDR. But this is nothing compared to the artificial bear market we've seen since 2012 due to vast amounts of ETFs. The manipulative derivatives market is a much used tool of the banking system to suppress the value of a commodity. Well, Deutsche Bank, HSBC, Scotia Bank, BNP Paribas, Bank of America among many others have been caught red-handed manipulating gold and silver markets in court.
This is all relative though. The banking system is reaching its innevitable end and with that, the pressure that's been building for decades within the gold and silver industries as they're used like a beach ball being shoved underwater, gaining momentum to bounce to the sky all the time, shows signs of weakness. There's an obvious appearance of desperation within the governments and monetary systems throughout the world and there's a good reason for that.
People are flooding out of the bond markets, the fiat system and that includes diversification between both gold, silver and of course cryptocurrencies like Bitcoin, EOS and others. This is a renaissance right before our eyes and it's best for all of us to be financially responsible and self sustainable. We must prepare ourselves for freedom cannot be freedom without responsibility and with education comes action comes preparation comes liberty.
Let's protect our wealth and come to understand the system that depends on our dependency.
Stay tuned as we continue to cover these issues!
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I watched this earlier. You and John do a great job of explaining the worlds monetary situation. Gold could see a great 2018.
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https://steemit.com/ripple/@manojm/ripple-surge-more-than-70-to-2-52usd
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https://steemit.com/cryptocurrency/@manojm/bitcoin-cash-the-coin-which-will-rise-to-usd10000-january-2018
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To be honest I can't imagine anyone one here being interested in buying gold. :-)
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I don't know about 'to the moon' but gold does seem to be starting a new long term bull market. The dynamics of this would indicate some good returns in 2018, but the parabolic blow off might not arrive for another year or two.
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There is lots of liquidity in the system, especially money leaves the bond, it is flooding it to many different asset classes including precious metals. I have followed and written about gold for over a decade, I think it is going to break out in 2018.... but going to the moon is a tough call since no one has been there since the moon landing in 1969 (that is if you beleive we put a man on the moon almost 50 years ago, and not since then)
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Gold will moon in 2018 due to the coming Trump economic crash.
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You're delusional if you believe silver and gold will ever go anywhere.
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Not permanently, of course.
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I sure hope so! It's been a LONG consolidation and I'm ready for some price sanity!
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how can you make a post as good as this..and have 4746 followers ..?
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I'm getting tired of endlessly hearing that silver and gold are finally going to take off in price. What makes you guys think that price suppression and manipulation (which has been ongoing for many decades) will finally come to an end. My precious metals holding are barely beating inflation while my crypto holding have massively outperformed my precious metals holdings. I'm considering selling the remainder of my silver and gold and entering a market with far better prospects.
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Collapse of the petrodollar, gold-backed Yuan, general economic crash, hyperinflation as the 5 fold increase in the dollar supply that occurred in the last 12 years come home to blast prices into the stratosphere, and the banksters cash in on their price manipulations, as they periodically do.
We've been hearing dire warnings of irrational exuberance for some time now, and it continues. Confidence has never been higher in the stock market, which is why it's exactly the time to get out of it, and into metals, as you conversely see such poor prospects for.
It is when confidence is lowest that prices also are, and thus time to buy. You know this. Stay hedged, diversified, and nimble. You won't regret that.
Bubbles are a'poppin' and the profits ain't a' stoppin'!
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I really do hope so !, Great report thanks.
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I was working in the gold industry during the last gold bull market. It was an absolute blast. If I remember correctly, it topped $2k at this time which was huge back then.
I’d love to see another bull run for gold this year.
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Gold to buy https://www.karatbars.com/?s=adro11
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Welcome to downvoteville.
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