Recent content by gpeter991

Maybe statistics need to be screwed, so that masses think there is no big inflation no recession. Thus if it is looking soo good, it is easier for J.P. to cut rates, so J.Y. Can pay less interest on debt?

Looks great for gold bulls like myself! A pity though my home currency pln seems strong vs usd. Hence xaupln not in big profits over last months.

It does not necessarily mean anything good for the world, but man I personally love the break out to +2000 per ounce for the long term. Hope it stays above on monthly

I hope for Bulls to come now in control for long :)

Above 1900 one weekly

Guys - sorry to write it here, but I wonder if you think it is possible to initiate and set up a Crypto technology based Gold price pegged instrument or index? (like an ETF but in crypto). Maybe the new generation would be interested to trade digital gold in the long term? I have read about gold...

https://www.kitco.com/news/2022-12-07/If-Russia-accepts-gold-for-oil-gold-price-doubles-to-3-600-says-Credit-Suisse-s-Zoltan-Pozsar.html - CS Pozsar on gold for oil

Russia call on crypto or rather bank settlement future to be based on blockchain. Hope it would be backed with some hard asset https://www.kitco.com/news/2022-11-28/Putin-calls-for-the-creation-of-an-independent-blockchain-based-settlement-network.html

So at least the downside seems to have stopped at 1600. Now more and more VIX events, so we may be getting ready to take off :)

Thank you!

Hi Sive, hope you recovered well. In recent times you mentioned two currencies that may be „better off” in the mid/long term in view of the crisis and general currencies devaluatuon. I recall these were Aud and Chf. I see the background in fundamentals, though both currencies show same negative...

Here an interesting video on money printing, macroeconomics and social changes by Charlie Munger observed during his lifetime. Some very smart statements and reflections there. Maybe enjoyable for someone here in this forum:

For me looks like we will not going to see much lower than 1600-1620. Gold did not rise a lot on the russia fundamental news on fri and putin speech, so maybe still some leg down before reversal into nov/dec.

Looking at Dollar Index - it really becomes evident how the US is robbing the world... I honestly hope they (FED) will not get away with this, and at least gold, AUD, CHF offer us some support (value) soon. Unfortunately I worry they will pump this situation until they can and take some magic...

Guys, i recommend strongly this video - an interview with Matthew Piepenburg from Mattrthorn Asset Management to watch, which i think is pretty much in tune to Sive’s fundamental analysis on gold: Quite a sober judgement on Fed…