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Gold end of year rally well forecasted

Courtesy of Read the Ticker.

gold-end-of-year-rally-well-forecastedIs the long gold consolidation coming to the end of the yellow brick road.



So why the gold price up swing?



- TRUMP tax cuts, while US spending and debt explodes.

- 2017Q1 war with north Korea.

- Europe is staying together after BREXIT.

- Trump wants a weaker $USD.

- Higher US interest rates are expected after US tax cuts, while prior money printing debt is huge.

- China yuan and oil trading backed by gold out side anglo saxon gold exchanges.

- US is going to boom and inflation will result.

- Non US Central banks will panic as Trump tax cuts suck GDP back to the US.

- More bonds with negative interest rates.

- Those who naked short gold are on Xmas break!





Who knows? One sure thing is the media does not know as they come up with the story after price has moved, and the story the main stream media uses is only after the central banks agree with it. Why? Gold and silver price changes of any large degree is a US security threat against the US dollar. That is until the Chinese say too bad, gold going higher!





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Gold




NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net



Investing Quote…



..”I did exactly the wrong thing. The cotton showed me a loss and I kept it. The wheat showed me a profit and I sold it out. Of all the speculative blunders there are few greater than trying to average a losing game. Always sell what shows you a loss and keep what shows you a profit.”..



Jesse Livermore





..“Don’t try to buy at the bottom and sell at the top. It can’t be done except by liars.”..



Bernard Baruch





..“I buy on the assumption they could close the market the next day and not reopen it for five years” and “Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.”..



Warren Buffet





…“People somehow think you must buy at the bottom and sell at the top to be successful in the market. That’s nonsense! The idea is to buy when the probability is greatest that the market is going to advance”…



Martin Zweig (The inspiration behind a number of Martin Zweig’s methods came, from Jesse Livermore).





..”Until an hour before the Devil fell, God thought him beautiful in Heaven”..



Arthur Miller, “The Crucible”

 [Contrarian Investing]














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Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

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