My opinion is about as worth as much as anyone else’s and this is strictly my thinking on the gold market right now. First, the market is being heavily manipulated to keep price low by the CBs. Second, the BRICS Alliance is soon going to unhinge from the current reserve currency and push a reevaluation. I’m thinking that the reevaluation will come in at a price much higher than predicted. Added to that the unhinging would cause inflation to climb to a point the CBs would not be able to recover and collapse.
So, as I think about it, I can look to get in a trade right now or hold what I have until I get news, of the BRICS countries, are ready to unhinge. I could go for a short and make a few dollars or lose if the announcement came out in the middle of the trade. I’m strongly considering that I hold until they announce it. Once a proper revaluation is done then the real profit can be collected and the Greenback will put on the shelf next to the Confederate Currency. That is my thinking on it. Give me your thoughts about it.
So, as I think about it, I can look to get in a trade right now or hold what I have until I get news, of the BRICS countries, are ready to unhinge. I could go for a short and make a few dollars or lose if the announcement came out in the middle of the trade. I’m strongly considering that I hold until they announce it. Once a proper revaluation is done then the real profit can be collected and the Greenback will put on the shelf next to the Confederate Currency. That is my thinking on it. Give me your thoughts about it.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.