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our preference is to remain fastidiously steadfast for far higher Gold prices as the 3Ds of Debasement, Debt and Derivatives continue to disseminate.

Posted by Richard640 @ 7:24 on April 21, 2019  

The Gold Update by Mark Mead Baillie — 492nd Edition — San Francisco — 20 April 2019 (published each Saturday) — www.deMeadville.com

Gold Southbound, Box-Bound

Returning to San Francisco is always tough enough, but try this for a bring-down: well into our 10th year of faithfully penning The Gold Update without a single Saturday miss, en route (for those of you scoring at home) toward edition No. 500, yours truly walked into last Sunday’s Investors Roundtable and the first thing out of a valued member’s mouth was “The price of Gold may never go up again.”

Moreover, correlative evidence was provided as proof. (‘Tis an analysis we’d need to personally number-crunch before rendering a like opinion — heaven forbid — and it esoterically is relative to the movement of Japanese interest rates … or lack thereof. On verra). Rather, our preference is to remain fastidiously steadfast for far higher Gold prices as the 3Ds of Debasement, Debt and Derivatives continue to disseminate.

 

THE BOX=1280 TO 1240

In closing, à propos of the above Stack and our eternally going on about The Box (1280-1240) and The Whiny 1290s, this final chart puts them both into nauseating perspective. Every Gold dot on the graph is a day wherein Gold settled somewhere in that exasperating range beginning with the first time ever on 07 June 2010 through this past week’s final trading day of 18 April 2019. Again, there’s your “Nine Years of Nuthin’!”, (notwithstanding one’s trading capacity to have hopefully benefited by the extremes along the way):

Still at the end of the day, remember: Komplacency Kills … and when the seams finally burst, you’ll love having Gold!

http://www.demeadville.com/NHP_HTML5_TheGoldUpdate.html

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