Thank you! I can't legally give investment advice, but I personally want to invest as much as my capital into gold and related investments at this time, and I am.
We're only in the early stages of this gold bull market:
Couldn’t this Chinese/EM hot money drive the reverse as well once it reaches $3000, leaving us bag holders ? Increased speculators makes for more volatility
That's a good point and question, but Western buyers are now coming back as well (now that rates are being cut) and should even out potential volatility that may be caused by EM hot money. I see this being a broad-based rally rather than solely driven by Chinese traders, but they will play a major role.
Great report reading in between the lines. Just get a feeling of gold will power eastern currencies whereas the west’s reliance on casino chips of hope value currency is going to suffer badly.
Dear Sir Jesse Colombo,
Great analysis Sir. I am looking to buy few more kgs of physical gold. Do you recommend now is the good time ?
I am a fan of Proffessor Richard Werner and he stated that “$10,000 per ounce seems reasonable”.
Do you agree with that statement?
Last but not least, when do you see gold get to $4,000 ?
Thank you very much
As far as the timing of $4,000, I could see that happening in 2025. Even though it sounds like a big number, it's only a 48% increase from here.
Thank you! I can't legally give investment advice, but I personally want to invest as much as my capital into gold and related investments at this time, and I am.
We're only in the early stages of this gold bull market:
https://thebubblebubble.substack.com/p/golds-breakout-across-major-currencies
Yes, I see gold hitting at least $10,000 in the coming global monetary reset/financial crisis. There's good reason to believe it will go even higher.
Excellent analysis again, Thanks.
Weekly volume on SHFE is looking strong, the uptick in volume Monday, Tuesday has given me a good signal to add to my Gold position.
Thanks to your writings, I'm keenly watching Chinese activity to add confirmation to my signals.
Thank you! Not enough people are watching SHFE gold futures and I don't understand why. This is a huge story. They'll see soon :)
Couldn’t this Chinese/EM hot money drive the reverse as well once it reaches $3000, leaving us bag holders ? Increased speculators makes for more volatility
That's a good point and question, but Western buyers are now coming back as well (now that rates are being cut) and should even out potential volatility that may be caused by EM hot money. I see this being a broad-based rally rather than solely driven by Chinese traders, but they will play a major role.
Great report reading in between the lines. Just get a feeling of gold will power eastern currencies whereas the west’s reliance on casino chips of hope value currency is going to suffer badly.
Thanks, Bharat! I agree with you on that.