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are we ready to rumble higher , or is a correction in the cards


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#2281 dougie

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Posted 27 November 2024 - 03:31 PM

 

Good work Russ; what is the status of your January gold low?

Thanks Smithy, David over at the Socrates site on Discord.com also showed that chart. 

 

There is a strong trend on the Gold chart for a turn in January but that could be an inversion which would  be a high. Could this chart be the correct ewave count?    Farther out the chart is pointing at early 2028 for the final high around 5000 an ounce if the current trend lines are showing the correct angle into the future. That time period is when Martin Armstrong has said Europe will collapse and breakup, he also keeps saying that the USA and Canada will also break up probably in the same time frame. MA mentioned 5000 an ounce in past years as a final target for Gold. Some serious stuff is coming down the line. 

 

 

5000 is conservative imo



#2282 dharma

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Posted 27 November 2024 - 03:49 PM

fwiw ,if you go back to the 70s on silver and use a logarithmic scale you will see a giant  cup n hadle pattern.

i believe that silver goes somewhere near 400 oz

i believe marty s prediction for 5k gold will be way too low.  to bring the debt into balance i believe gold has to go north of 15k   

of course its all imagination at this point . 

dharma



#2283 Russ

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Posted 27 November 2024 - 04:10 PM

fwiw ,if you go back to the 70s on silver and use a logarithmic scale you will see a giant  cup n hadle pattern.

i believe that silver goes somewhere near 400 oz

i believe marty s prediction for 5k gold will be way too low.  to bring the debt into balance i believe gold has to go north of 15k   

of course its all imagination at this point . 

dharma

Gold would need to be over $30,000 if it went as high as it did in 2011 relative to the price of the stock market. 

Something not real like bitcoin is in the 100k zone, craziness. 

 

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#2284 Smithy

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Posted 28 November 2024 - 09:00 AM

Off topic

 

A History of Jews last few hundred years

 

A Spectre Bestrides the World: They consider themselves the Chosen Ones, They are Our Masters
 

The history of all hitherto existing Western society is the history of power struggles, shaped and orchestrated by a hidden spectre.

 

Master and Goyim, ruler and ruled, oppressor and oppressed—all have lived under the shadow of a tiny cabal of people who call themselves the chosen ones. Across centuries, their influence has been the engine of dominion, the architect of subjugation. A spectre of power, unseen yet all-encompassing, looms over the rise and fall of nations, binding rulers and ruled alike to its will.

The rise of those who call themselves the chosen people reaches deep into antiquity, where they stood as pawnbrokers, gold hoarders, and money changers. Thriving on usury, they held rulers and commoners alike in debt’s unyielding bondage. Hated yet needed, scorned yet indispensable, they wove themselves into the fabric of power.

 

In medieval Europe, they ascended as merchants and moneylenders, intermediaries between the ruling elite and the oppressed masses. Their coffers funded kingdoms, their ledgers bound the serf to the throne, and their influence reached from the courts to the countryside.

Yet their prominence bred resentment. The expulsions—England in 1290, Spain in 1492, Portugal in 1496—were not mere eruptions of blind prejudice but the backlash of those suffocated by their economic dominion.

 

The people rose against them, only to find their absence unbearable, their return inevitable.

Thus, their cycle of exile and resurgence began: banished but essential, loathed yet irreplaceable. Their mastery of finance endured, their dominion over debt unbroken, their shadow cast across the ages.

In the age of empire, this cabal built its dominion through the most inhuman of trades—the forced bondage and suffering of millions. The transatlantic slave trade, fueled by their coffers, was a key foundation of their wealth.

 

Ships built with their capital crossed oceans laden with human misery. The profits of sugar plantations, where enslaved men and women toiled under brutal whips, flowed into their coffers, feeding their rise.

From the slave markets of the Americas to the riches of India, their reach extended through the East India Company, not merely a trading house but an empire forged in blood and opium. This cabal stood behind its expansion, financing conquests and profiting from plunder. With spices, textiles, and narcotics, they fed European coffers while subjugating entire peoples to their yoke. Commerce became conquest, conquest became empire, and empire became their dominion.

 

A Modern Dominion: Masters of Wealth, Media, and Politics
The spectre remains, now cloaked in the garb of modern finance. Through two giants—BlackRock and Vanguard—the cabal that calls themselves the chosen ones commands half the world’s economy. Tens of trillions of dollars flow through their hands, their influence shaping corporations, nations, and the fates of billions.

 

These firms, instruments of unparalleled power, hold controlling stakes in the largest companies on earth: Apple, Amazon, Microsoft, ExxonMobil, and thousands more. Their voting power in boardrooms dictates the course of industries, their decisions rippling across global markets. It is they who shape policies, manipulate systems, and steer economies to their benefit.

 

But their dominion does not end with wealth. They control the narrative by controlling the media. Through their grasp on news organizations and entertainment conglomerates, they shape the stories we hear, the truths we believe, and the lies we accept. They dictate the cultural zeitgeist by controlling Hollywood and the production of entertainment, shaping values and ideals to serve their purpose.

 

They control who governs us by funding politicians, pouring their wealth into campaigns and lobbies to ensure that no matter the victor, their interests prevail. Elections, those beacons of democracy, are but shadows cast on the wall of their golden citadel, illusions designed to mask the strings they pull from behind the scenes.

 

The Shadow of the Cabal
Today, as in centuries past, this cabal holds sway. It thrives in secrecy, its power now hidden, now revealed, always reaching beyond the grasp of accountability. Nations rise and fall at their behest, wars are waged for their profit, and the labor of billions feeds their endless hunger for dominion.

The chosen ones who once funded slave ships now control digital empires. Those who backed colonial conquest now shape the algorithms that rule modern life. Their wealth, untold and immeasurable, binds the world in golden chains, leaving no corner untouched by their influence.

 

The Question That Remains
And yet, they are but a fraction—a mere one in 250 of the earth’s population. This infinitesimal Talmudic cabal, hidden in the shadows, commands untold wealth and power. They rule as unseen masters, holding the world in thrall to their will.


Edited by Smithy, 28 November 2024 - 09:02 AM.


#2285 K Wave

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Posted 28 November 2024 - 10:12 AM

There's the little shakeout...was that it???

 

 

We find out soon..........

 

GDX over 38 could be the big clue now....see if bulls can Git Er Dun on Friday....

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#2286 K Wave

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Posted 28 November 2024 - 10:18 AM

Off topic

 

A History of Jews last few hundred years

 

A Spectre Bestrides the World: They consider themselves the Chosen Ones, They are Our Masters
 

The history of all hitherto existing Western society is the history of power struggles, shaped and orchestrated by a hidden spectre.

 

Master and Goyim, ruler and ruled, oppressor and oppressed—all have lived under the shadow of a tiny cabal of people who call themselves the chosen ones. Across centuries, their influence has been the engine of dominion, the architect of subjugation. A spectre of power, unseen yet all-encompassing, looms over the rise and fall of nations, binding rulers and ruled alike to its will.

The rise of those who call themselves the chosen people reaches deep into antiquity, where they stood as pawnbrokers, gold hoarders, and money changers. Thriving on usury, they held rulers and commoners alike in debt’s unyielding bondage. Hated yet needed, scorned yet indispensable, they wove themselves into the fabric of power.

 

 

 

 

My brother ran into a few of these hardcore believer fellows during his travels, got to have a fairly long conversation with them, and told me they were spouting this pretty much verbatim....his takeaway was they literally did not give a crap about the rest of humanity.

 

"people who call themselves the chosen ones"


Edited by K Wave, 28 November 2024 - 10:18 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#2287 Smithy

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Posted 28 November 2024 - 11:29 AM

" I win, you lose, and winner takes all." 

 

This era is coming to an end.



#2288 linrom1

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Posted 28 November 2024 - 12:54 PM

Off topic

 

A History of Jews last few hundred years

 

Where did you get this garbage: Gaza Ministry of Health, Der Strumer or writings of Louis Farakkhan?



#2289 linrom1

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Posted 28 November 2024 - 01:06 PM

One should wonder why Gold spot is soaring while Open Interest in gold is falling? Hint. Price moving up and OI falling can only mean one thing-----shorts covering. You still have commercial hedgers, but days of Large speculator shorts are over.



#2290 K Wave

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Posted 28 November 2024 - 01:23 PM

5 min on Silver could conceivably decide it all now....

 

See if bulls can take it back soon

 

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy