Gold End Of Year Rally Well Forecasted

Is the long gold consolidation coming to the end of the yellow brick road?

So why the gold price up swing?

  • TRUMP tax cuts, while US spending and debt explodes.
  • 2017Q1 war with north Korea.
  • Europe is staying together after BREXIT.
  • Trump wants a weaker $USD.
  • Higher US interest rates are expected after US tax cuts, while prior money printing debt is huge.
  • China yuan and oil trading backed by gold out side anglo saxon gold exchanges.
  • US is going to boom and inflation will result.
  • Non US Central banks will panic as Trump tax cuts suck GDP back to the US.
  • More bonds with negative interest rates.
  • Those who naked short gold are on Xmas break!

Who knows? One sure thing is the media does not know as they come up with the story after price has moved, and the story the main stream media uses is only after the central banks agree with it. Why? Gold and silver price changes of any large degree is a US security threat against the US dollar. That is until the Chinese say too bad, gold going higher!

(Click on image to enlarge)

Investing Quote...
 

.." If you cannot make money out of the leading active issues, you are not going to make money out of the stock market as a whole"..

Jesse Livermore Trading Rule

The minute you get away from the fundamentals – whether it’s proper technique, work ethic, or mental preparation – the bottom can fall out of your game.

Basketball Legend Michael Jordan.

..“I buy on the assumption they could close the market the next day and not reopen it for five years” and “Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.”.. 

Warren Buffet

.."If you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks"..

John (Jack) Bogle

.."If past history was all there was to the game, the richest people would be librarians"..

Warren Buffett

Disclosure: None.

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