introduction:
Happy new year, may God bring it back to us and you with health and wellness, and may God accept from all of us, kind greetings and Ramadan Mubarak.
At the beginning of the Corona crisis, the market, stocks, and indices rebelled, and it did not accept that it fell, and the market capsized for more than 3 months, but it could not bear it any longer, so the stocks fell and the indices fell, and many currencies fell, and some other currencies remained.
And history repeats itself. Everyone will fall and gold will remain.
The banking crisis began as a problem with the management of the Silicon Valley Bank, and they said it was a small problem, then the bank collapsed and went bankrupt, and many pledged to save this bank, but no one saved it because it would drown with it, and then America rushed to print billions of dollars to save the situation, then the banking crisis was “contained.” They also claimed then other banks began to fail and as the Wall Street Journal reported that nearly 200 banks are facing the same problems, then they said that the big banks are “too big to fail”. Then one of those banks, Credit Suisse, collapsed in less than 48 hours. Then they said that they would solve the problem immediately, and after more than a week it was agreed to buy it under strict conditions that would preserve the right of the buyer and more. Then more than 500 billion dollars were withdrawn from small banks within 10 days, the federal budget increased by huge sums of more than 400 billion dollars, and the federal government is still looking for 2% inflation in these circumstances, but what is this foolishness, Jerome Powell? Or what is this manipulation and indifference of investors? Believe me, Paul, you will not succeed on your own, you will need the support of Joe Baden, who supports you with everything he has. Because if the Federalist falls, America will fall, and America will not fall alone, everyone will fall with it.
We will not let America fall.
More than 50 years ago, US President Richard Nixon told America in a televised address that “prosperity, without war, requires action on three fronts.” We must create more and better jobs, we must stop the cost of living from rising, and we must protect the dollar from attacks by international speculators.”
This is the American dream and it will remain always and forever. When the Vietnam War came, it plunged the United States into debt in the period from 1960-1970, because wars ravage the state’s budget, so it was only from America that it printed paper currencies to buy whatever services it wanted. Commodities and anything else.. you print and buy.. you print and buy.. you print and buy.. and the world used to receive those dollars and store them with them.. billions of dollars that countries store.. so all of that was in exchange for paper that had no reference of gold.
In the beginning of 2011, America lost its first position, which it had maintained for more than 100 years in the most powerful industrial country, and China took this position, and it has not been able to regain it until now, and Japan, Germany and France approached the American numbers, and fear and panic began to permeate the spirit of America And messes with her dream, so what is the solution again.?
Print dollars to buy gold:
In one of the important leaks, America is printing more dollars to buy gold from the black and white market, and that it will not provide any seller of gold, even if it is an ingot!? And all this does not affect the market greatly, because it is bought through quantities that are not very large, but there are many who carry out these purchases for the benefit of America, and this gold is stored in a place that has been likened to Ali Baba’s cave (a mountain of gold).
Printing a ton of dollars costs less than 500 dollars, and you buy 100 ounces with it for 200 thousand dollars. This is undoubtedly a profitable trade. The fear of America falling one day if the dollar collapses, is to revive it with the gold it owns, and your understanding is enough.
Conclusion :
All of what you have read above are events and facts and may or may not affect prices, and you have to believe in a very important rule that the price is the master of the situation and the market is always right even if it is wrong, so whatever news, events and documents you read, sometimes it does not affect the price even if mithqal
Technical Analysis:
The above drawing shows the pattern that gold is building up to the moment, so I bought it before closing at 1969, and the analysis fails if gold settles below 1952 for more than one day this week. The secret of the success of this model and the magic number that it needs to launch is the penetration of the price of 1987, then, God willing, We will see gold 2070 for the third time, and here, if it penetrated it and slept for two days or more above it, then welcome to levels close to 2500 very soon, and then I know that the world is on the verge of a new crisis that is much stronger than the 2008 crisis, and gold will be the biggest winner in this calamity.
May you be well, and we wish you a successful week, blessed profits, and an acceptable fast.
