Gold explosion will be short livedThe price explosion in gold is solely due to the tariffs.
I don’t even want to go into detail about what impact this will have on the USA. I’ll just say this much: I feel sorry for the American people, and it’s not their fault.
And here, once again, we see the universal law of physics inherent in Median Lines/Forks at work. Right at the center line, the price will pull back and may drift toward the lower median line parallel, should the close occur below the center line.
It seems as though the basic rules of arithmetic are a foreign concept to those in leadership. There is a belief that billions of dollars will now suddenly flow into the U.S. Treasury overnight — which is, of course, complete nonsense. If that were truly the case, the price of gold in London would have risen in step with the U.S. gold price.
Instead, this madness will unfold as yet another act of monumental miscalculation, spreading across the U.S. economy and cementing the debt ledger as if it were the stone tablet of the Ten Commandments.
Let us see what our Median Line/Fork framework will reveal over the coming days.
…and I keep the world in my prayers, that peace may find its way into our thoughts.
