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There is no reasoning, it's just what figures proved. In the period central banks sell, the gold price is low. In the period central banks buy, the gold price is high That is the opposite of a speculants motive - buy low sell high. A speculant hunts gains on gold. A central bank hunts losses on...

Central banks switched around the year 2009 from selling gold to buying gold. Last year 2024 was thus the 15th year in a row that they bought gold from the market, one can easily sum up the annual figures, it's > 8000 tonnes re-added since 2010. And they don't need it. Already not since early...

Hello folks. I've said this once over a decade ago: gold does nothing, it's people buying and selling it that do. According to gold.org data, 2024 was the 3rd consecutive year that central banks (that exist to battle speculants that try to preserve the purchasing power they earnt) purchased over...

repo is the followup of the excess reserves trick. The monetary central planning creates, and destroys, money. There's nothing more to it. Excess reserves was money that was, with the exception of a small percentage of it (the cost of paying banks to NOT lend it out), never ment to be lend out...

The goal of a cashless society is not to fight fraud but to facilitate confiscation.

"To Da Moon" is invented by people that sell at km 30 of the 300000.

I have this viewpoint on gold: It's a market that is heavily controlled by central banks. Over the period late nineties to late 200x, gold price lagging alot on house prices, so low gold prices, central banks SOLD. Over the period late 200x to late 201x, gold price running ahead alot on house...

"conspiracy", implies secrets and insider information. What I stated, and where I based conclusions on, was based on data. Published by institutions alike central banks. I started collecting it around the time I became silver stacker. I'd better start collecting it before, but I was too...

FIRST Spur inflation, not economic growth. It doesn't matter whether the pandemic was premeditated or not. The difference is the one between planning, and grabbing an opportunity, to do the same - trigger value fluctuations. In order to edit value owned by bank depositors and all other...

I think the purpose of their lockdowns was to sabotage production and bring about price inflation that has been largely absent the past decade because people were not willing to pay more and the corona lockdowns panic made them willing. With a rising inflation, back into controlled territory...

A price at a speculative peak implies predictions higher, otherwise there would be no buying suckers there. And inverted, bottom implies implies predictions lower otherwise no selling suckers there. So lol at this old jaw. What is predicted, is ALREADY IN the price. Speculators that listen to...

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 desired inflation ratio existing. How to destroy: make them pay $2000 instead of $1000 for an ounce gold, then get the difference by fining the lbma banks...

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, for same reasons. Only that some use stupid high price purchases in silver market to "ride" the uptrend, to then swap silver for more gold, and that...

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 traders want to be sure of a price to pay and to get. So most of those futures contracts, aren't delivered in the underlying (here silver) but in...

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 people will say a lower price. They need a sucker willing to accept it. Then both hands down on the BUY button. Old story.

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 purchasing power. Profit gets grabbed. Won't be gold alone though, there's a super crisis to expect. Just another. Once again orchestrated by central...

At least wait till $1250 lol.