Prospect for gold price. [Aug, 2019]
The price of gold. How much more it will go. I checked two charts. Overlapping the rise in gold on a chart of currency money growth since 2008, gold is 10% more expensive now. But on a chart of currency debt growth since 1970, the historical top price of gold touched the line. So, the gold price can go much more bass on the chart.
I wrote the first post for the Survival in May because I felt we have to hurry. But I recommended the gold mining stock one month before. I wished a fall in the gold price with a reception. But a lot of money is heading to bonds and gold. Maybe the reason is people know that zero interest rate and QE are not the first time.
10-year bond interest rate is low than the 2-year bond now. It is a very strong signal that reception is possible within one year. Generally, the Market can rise one more time before the reception. But I think you have to check the interest rate of bond because everything looks like the first time.
Many people are buying the U.S bond because E.U bonds are zero interest rate. Money is going to the U.S market from the world. And this money will push the US stock market or bonds. So check the 10-year bond interest rate.
Maybe the gold rally will be stopped after the bond rally is stopped. Gold is the most strong part of this market now. And it seems the last rally for this market. And then, all assets can plummet even though the gold price can go again with QE. I expected Trump will say about QE at the last post. And he is talking about QE now.
We can think stock market rally instead of bond or gold from this week. But will Trump and China can stop trade war? They will stop it when they too late. Trump lost his trust. China will fight. We know the trade war is useless. It's a show. Only Trump wants to believe it is useful. But it never can reduce the debt of the U.S.
I didn't operate this village. But I checked many YouTube channels. And I feel I know something than other YouTube channels. I will say about this later. People think bonds are better than business. This world needs another money. And gold price will rise. We have to stay here until the right thing happens.
Related :
SURVIVAL : 2019, Hippie Village
I wrote the first post for the Survival in May because I felt we have to hurry. But I recommended the gold mining stock one month before. I wished a fall in the gold price with a reception. But a lot of money is heading to bonds and gold. Maybe the reason is people know that zero interest rate and QE are not the first time.
10-year bond interest rate is low than the 2-year bond now. It is a very strong signal that reception is possible within one year. Generally, the Market can rise one more time before the reception. But I think you have to check the interest rate of bond because everything looks like the first time.
Many people are buying the U.S bond because E.U bonds are zero interest rate. Money is going to the U.S market from the world. And this money will push the US stock market or bonds. So check the 10-year bond interest rate.
Maybe the gold rally will be stopped after the bond rally is stopped. Gold is the most strong part of this market now. And it seems the last rally for this market. And then, all assets can plummet even though the gold price can go again with QE. I expected Trump will say about QE at the last post. And he is talking about QE now.
We can think stock market rally instead of bond or gold from this week. But will Trump and China can stop trade war? They will stop it when they too late. Trump lost his trust. China will fight. We know the trade war is useless. It's a show. Only Trump wants to believe it is useful. But it never can reduce the debt of the U.S.
I didn't operate this village. But I checked many YouTube channels. And I feel I know something than other YouTube channels. I will say about this later. People think bonds are better than business. This world needs another money. And gold price will rise. We have to stay here until the right thing happens.
Related :
SURVIVAL : 2019, Hippie Village
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