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23 Comments
Break down in gold happens during two period. Major market crash, and the start of major bull market. Gold goes up during period of stagnation of economy. All major market crash followed by a stagnation period as things adjust.
Not sure if I buy the breakdown of gold theory just yet. If you draw a trendline from the Mar 2001 lows, all the way to today, it's just been in an upward channel and although it's touching the lower end of the channel today, it's still in the channel. Additionally, it's showing bullish divergence on the daily. We'll see!
Weird. Gold should be mooning
The DXY is a direct inverse correlation to gold price…once the DXY finally breaks down gold and all Crypto will take off again
SOOOOOO 1 of 2 things
DXY falls and Gold fakes everyone out pumps along with commodities/ digital assets (proven?), markets crash recession style
DXY rises, Gold falls, markets crash causing depression, everything gets revalued at the bottom – Great Reset WEF Klaus style
Don’t forget the DXY
WOW BACK TO BACK BCB DOSEAGE – thanks soooo much brother 🥁🥁🥁🐠🐠🐠🥁🥁🥁
All assets going to zero, including gold and then the reset comes.
So buy more EOS is what I got out of that.
So let's evaluate. Gold down, stocks down, crypto down, real estate down, Dollar debt at only 3% and inflation moving up. There's nowhere to put your money.
You are my hero Blockchain Backer
Xoxo
My bags are swollen baby! Just scooped up some XRP!
Very very interesting observation.
Russia backed the Ruble with gold 🤷♂️
It’s economic war
do we have sell our crypto like they did gold??
Now put out 3 videos tomorrow 😂
"Pretty sure Peter Schiff's not going to be having a good time on Twitter" lol. nice
Also, why would you expect, let's say, wave 3 and wave 5 of long term gold be similar, when saying "they're clearly not the same" ?
Thanks BCB!
Thank God for Blockathan C Backerson
Super odd b.c. how could inflation be dropping when the u.s. has wreckers spending along with "inflation checks" being sent out to citizens?
what does RISK ON mean?