OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

@Buygold re record central bank gold buying

Posted by Mr.Copper @ 13:41 on February 9, 2024  

I believe that. Gold is the end game, insurance. And I think they bash it down to buy it cheaper. The $2,000/oz past was always resistance. I think $2,000/oz is now the support area. Sooner or later Gold will break above $2100/oz and make new all time highs.

After that, the miners should follow. The Miners, obviously think the $2,000 resistance since 2020, will continue and gold will go lower. The idiots running things need to raise rates harder and faster to kill gold. But that would kill too many other inflation hedge things too.


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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.