OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Here’s the scoop

Posted by eeos @ 18:15 on April 12, 2017  

The powers that be are protecting the $1,300 line (really around $1,290 is the all hell breaks loose line) in the sand with gold spot right now. They know if they can combat it and get the HFT’s and bullion banks to join in on an attack that they can subdue the PM’s for several more months. But they have this huge vexing triangle that’s going to break out hard and Gold is going to pass $1,900 when we cross the line. They want no one riding the bull and they’re going to try to shake us hard I think. This is a multi-year trend line and when the trip line is pulled, well it’s explosion time. We’re coming right into the apex, it almost feels like the setup in 2006 when we were approaching $600 gold. So I’m going to put all the negative market thoughts out of my mind and focus on how I can best allocate future funds into good trades. I think they’d love to send us to the sub-basement but I think too many little Joe’s will stand for delivery and they’ll lose the precious metal to strong hands. So now we have a huge bind, probably bigger than ever

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.