$XAUUSD Gold going to plummet due to $DXY dollar wrecking ball
Please check out my analysis on DXY I did which explains the time tables and variables. If I was any other currency (but Swiss) - I'd be buying gold and silver (physical). Your central banks will print away to appease the plebs as they start to install a ecurrency social credit score system. If I was American I'd wait a bit to buy gold and silver at least if you're going to do it - buy half physical now, buy some puts on some miners (they fall harder when gold falls) and then use any dry powder to buy more physical.
I anticipate that there will also be nationalization of resources and sectors - so mining stocks won't be a good go to unless you're investing in $NEM, since America will be the last to nationalize. Some countries may just tax windfall profits like they're considering with oil companies. This would drop the stock so physical is the only way to go. If you make money on the puts, use that also to buy more physical.
I anticipate that there will also be nationalization of resources and sectors - so mining stocks won't be a good go to unless you're investing in $NEM, since America will be the last to nationalize. Some countries may just tax windfall profits like they're considering with oil companies. This would drop the stock so physical is the only way to go. If you make money on the puts, use that also to buy more physical.
تعليق:
Fed's Mester: Still In Negative Real Rates, We Haven't Even Gotten To Neutral Fed Funds Rate
- May Need To Take Rates Above 4% And Leave Them There
- May Need To Take Rates Above 4% And Leave Them There
تعليق:
This trader is usually on the money and does EW - this is his prediction that mirrors my levels
twitter.com/TTCSteve...644426203138/photo/1
twitter.com/TTCSteve...644426203138/photo/1
Also here's my Newmont Mining call: