This market is going to fool everyone

I think next week will mark the lows for gold and silver.

Everyone think’s gold is going to break 4000$ per oz but big money is defending that level with major buying pressure.

If the Bear’s get exhausted and fail to break 4000$ we are going to go higher plain and simple.

Positive divergence on RSI, Higher highers representing a bounce is long overdue.

I’m expecting a bounce very soon and Next week to be the lows.

If the bear’s fail to break 4000$ We will go higher.

War being bearish for gold makes no sense. war spending is what destroyed the dollar and forced us off a gold standard to begin with, with no way to pay for the war, they had to pay for it with devalued paper.

War is always expensive and always doubles the currency supply. We will need to print Trillions to even attempt to continue this war much longer. Long term case for gold is still strong.

Silver will follow gold.

The Fed is usually offside so they may raise rates 1 time this year but this will likely bankrupt many Businesses and Banks. Absolutely destroy the Job markets and have a wave of for closures and Car repos which are already the highest in decades.

It will ripple through and wreck the economy in a major way. Depression, since we are already on a recession route.

This with certainty would cause a Major Hard landing.

I don’t put it past them to do this but I think Trump wants a soft landing the same as Powell did.

I think the idea is to have a soft landing with rising oil prices, and inflation out the backdoor with War Currency printing to stabalize the crashing economy with QE.

Regardless these are great buy levels and I will take advantage