In this report I cover the early market action from London on Thursday, April 19th, 2018. I look at the precious metals, the stock market and the dollar.
I also look at how the U.S. government reset the value of its gold holdings in 1934 via the Gold reserve Act and how in 1980 the U.S. government allowed the market to reset the value of gold.
Interestingly I found that both times the price of gold went to levels where the U.S. gold reserves equated to around 26% of the U.S. national debt. Translating those factors to the present day by taking a snapshot of the national debt and gold holdings I arrive at a price of $21'000.
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if gold 21000$ silver will be at least 1000$
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Wonderful job.i appreciate your market.
I love your dtube video.
Upvote done
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Thanks @sharminkona.
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Another fabulous market update @maneco64....
"1934 and 1980 Would Mean $21'000 Gold" is a great update..
I always to love your dtube market analysis
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Thanks @prince121 for following my updates and the feedback!
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Thanks for sharing this video sir, and today you looking very nice
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Great post..
Thanks for sharing dtube..
I appreciate your valuable post...best of luck
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Very analytic information about market and gold reservation. Your research have a great value about the current economics. Though I haven't enough knowledge about economics but your analysis impressed me to know more about it. Thanks sir @maneco64 for sharing your valuable market research with us.
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Thank you for the update maneco64 yes silver caught a bit yesterday, also the yield curve as flattened to i notice, have a great day my friend :)
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Hi Andrew , Sorry for the delay. Have a great rest of the day too.!
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That is a great report and great news keep it up..
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Thanks!
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Thanks for sharing this post,i love this drive channel.
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You are welcome.
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Have a nice day.
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great job..
i like this market...
thanks for sharing...
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Wow I would be happy with that number.
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I enjoy your videos and have subscribed for years. I would like to extend the invitation to you to follow my blog on silver:
https://steemit.com/@joshuaslane
Regards, Joshua Slane
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I like this market, thanks for sharing money.
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dear @maneco64
its really awesome work of update.truely fentastic analysis of market update.1934 and 1980 Would Mean $21'000 Gold is so great .thanks
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there have no dout that a great update of market.a great update that you shared really helfull for us
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really great market review.
its really great news of market update @maneco64
thanks for share
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If only time can be changed, we'll all be millionaires by now.
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Thank you for posting it here, Mario. As I said on your uTube video, this is the first time I've seen this explained so well. Please keep up the good work. Upvoted and re-steemed.
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I am also waiting for the moment. Always follow your content on youtube. Now change to the dtube to show my support for your work.
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Nice video, once we breach $1400, my price target is $1750.
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Gold in every age has its prices differ from ancient times
The best thing for those who cheat Hua gold
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