Loading ...Trust is probably the key word in this whole discussion. Fiat only exists because we trust the people who are managing them to maintain their value. You take the trust away and there is nothing there. A fiat currency is not a real thing. It doesn’t actually exist other than little pieces of paper that have no intrinsic value or computer code, which also has no intrinsic value. So, you take away the trust that we had in the Fed, Treasury, Congress and the President to do the right thing, and be honest, when it comes to the financial markets, you take that away and there really isn’t anything there. Nobody would want to hold a currency managed by people they can’t trust. Pay attention to that because the less we trust the guys in charge, the less we trust the currency.
D’oh!
China Declares All Virtual Currency Transactions “Illegal”, Sending Crypto Prices Tumbling
Buygold
Re Gold
It just doesn’t matter about any past relationships, the scum have broken them all, at one time or another. The dollar has fallen and risen last two days, but Gold has sold off both days.
A mate who is a v good trader bought Gold last Thursday, saying it has to go up, as it is the only place left etc……he now looks stupid, which he is anything but. It shud be the goto mkt right now, but the scum ensure it is the exact reverse.
An awful lot of so called smart traders investors are losing money and being made to look stupid, by the scum…but just as with anything that effects the elite running the show, no mainstream journo or publication/channel will touch the subject…..but as my wife says give up now and you’ll find the bottom.
New Found to List on the NYSE American Stock Exchange
https://finance.yahoo.com/news/found-list-nyse-american-stock-113000330.html
Element79 Gold Begins Phase 1 Exploration Program on the Dale Gold Property in the Abitibi Subprovince, Ontario, Canada
https://ceo.ca/@accesswire/element79-gold-begins-phase-1-exploration-program-on
Condor Gold Plc (“Condor”, “Condor Gold” or the “Company”) 3.60m True Width @ 29.1 g/t gold intercept and 4.10m True Width @ 15.23 g/t gold Drill Update at the Mestiza Open Pit
https://ceo.ca/@accesswire/condor-gold-plc-condor-condor-gold-or-the-company-314a4
USD snapping right back
Unfortunately when it got crushed yesterday it didn’t help us. Now it looks like we lost our window to rally – that’s if the scum would have even allowed a window to open.
Winedoc – I’m with you. It get depressing to see us unable to rally day after day. Worse, every time it looks like it’s time for pm’s to go up, they don’t.
Not much consolation but Bitcoin is getting hammered….
