Gold is preparing to launch. As pointed out by a very studious and close friend of mine, the Gold chart in nearly EVERY currency is looking like it has consolidated well and is preparing for major upward movement. Combined with world events, economic events both past and recent combined with movements in oil price and currencies (USD), Gold looks really strong right now.
Remember, Gold is the most indestructible form of capital on the planet, has been money for 65 centuries and is not going ANYWHERE. It is hoarded by central banks, and represents true wealth, real money. It is the ultimate extinguisher of debt.
This is not a crypto chart friends, no, what crypto charts do in a week, at the velocity of synapsed thought, gold does in decades. It is slow, like magma oozing accord a plain from a distant volcano, slow and steady it encroaches. Gold moves slow and maintains value and power.
Keep your eyes on the prize. Keep stacking. Convert insane crypto profits into gold. If you are in the DJIA, S&P or NASDAQ, seriously consider your position. Gold is under bought and you are over sold.
I am not a financial advisor, however I like discussing these topics. Put your big boy pants on and make big boy decisions.
I am LOOOOOOOOONG GOLD, and sort of long, just not as long ADA and XRP with a recent tiny pickup of RCN.
GOLD IN OTHER CURRENCIES:
Loving the live shows on YouTube! Keep up the good work!
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The shiny is the ultimate precious! Beats all others hands down.........
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What ETFs would your recommend for Gold?
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NONE!!! Gold ETFs are paper gold! That means there can be one claim per ounce or 100 claims per ounce.
Remember, it's only yours if you hold it in your hand!!!
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GLD and other ETF's will move with gold, but nothing beats the real thing in your hand.
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I do not support ETF gold. Buy physical bullion. ETFs are trash.
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Personally, I've parked some cash onto Sprott Physical Gold and Silver ETF as a temporary move since I'm not able to liquefy my portfolio while I systematically Cash Out of my most vulnerable paper assets first. There are Cashing out limits on my retirement savings account. It is a Physical asset but the catch is (in Canada) its parked in the Royal Mint I believe.
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Watch for the Chinese currency change soon. The petro-rmb or yuan could really send gold higher. Overall the markets may get bumpy for a while. Supposedly to take place on Jan 18?
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timing is everything and this looks like the time to get in on it if you can
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Gold to the moon.
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👏👊🏼😂 $10,000
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tiiiimmmee is not on gold side, yes it is! - time!
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Gold dominates.
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Please don't explode until I get 11 more 1/2 ounce eagles.
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