A price at a speculative peak implies predictions higher, otherwise there would be no buying suckers there.
And inverted, bottom implies implies...
In the future, you mean?
The days of the printing presses are long gone.
They're smarter now: produce 1 billion new, destroy 1 billion minus...
Ex, compare golds price around 2000 with its price now.
Compare a house price around 2000 with its price now.
That kinda comparison.
Look at what prices of houses, cars, hamburgers do.
If they do nothing then any trend will be undone since it's profit, for a buyer or for a seller.
Or the opposite, gold price tracking silver price.
Also in inverse, due to silver to gold swaps.
Both gold and silver metal is used to save value,...
The point of this futures market is to hedge against price changes that potential mean a bigger cost of a planned trade.
That's problematic since...
There are always people that say a higher price.
They need a sucker willing to pay it.
Then both hands down on the SELL button.
And then the same...
Of course not. People decide when they will materialize profit or loss.
All I know is that the current price level is lotsa profit in terms of...
It's the other way 'round.
An increasing demand, decreases market/dealer stocks, that then increase price.
On the moment of an excess, the price...
At least wait till $1250 lol.
Deleted due to accidental reply instead of edit.
Just wait till it's $15 USD again
The latter is the reason for State / Government existence in the first place: getting other peoples production/services without having to do what...
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