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A look at the Gold and Silver Charts (14.09.2023)

Financial Glasbergen cartoon
© Glasberger cartoon

Another week ticks by and we are still juggling everything in the economy and out to look normal.

The banks become more unstable, and more military equipment is ordered and then produced to throw into yet another brewing ‘war front’.

We follow the money and see once again the ‘military, industrial, banking’ cabal being the winners. Of course the connected and ‘in the know’ politicians facilitating the slaughter get their pay off too.

Who are the idiots paying the bills, being the cannon fodder, being lied to and hoodwinked into believing the propaganda leveled at us?

Chemtrails, poisoned water, by effluent or chemical additives, sprays onto our crops, sugared foods and drinks, 4G, 5G radiation, water restrictions, and power grid issues.

More and more government interference in normal business, banking restrictions, KYC (know your customer), and AML (anti-money laundering). 

What about other surreptitious stuff? Why is the government not doing its own dirt collection and leaving us to make a living without all the rules and reports and sanctions and fines and threats and costs and time delays?

I wonder how much longer it will take for the populations of the world to wake up and resist?

Bitcoin and Gold

Bitcoin is gathering strength against gold.

$BTCUSD:$GOLD Bitcoin to US dollar/Gold CRYPT 14 September  2023

Gold and Silver Stocks

One more indicator will confirm that we stop buying gold and hold stocks.

$GOLD:$HUI Gold- Continuous Contract (EOD) Gold Bugs Index - NYSE - 14 September 2023

Gold and Silver

We show silver still outperforming gold, it has not yet made a higher high against gold and some indicators show gold slightly overbought against silver.

$GOLD:$SILVER Gold Continuous Contract - cash settle 14 September 2023

Gold to USD chart

Gold appears to be declining with the dollar coming off its highs and gold gives a sell this morning.

$GOLD:$USD Gold - Continuous Contract (EOD) CME 14 September 2023

Look at the Gold and Silver Stocks

TodayLast Week
Gold Price$1,908.00$1,918.00
Silver Price $22.59$23.06
Gold: Silver ratio84.46:183.13:1
Gold Miners bullish percent index14.2914.29
Dollar Index105.14104.95
Dow:Gold Ratio (BahaUS 34,810.00 Gold price, $1,908.00)18.2417.91
Current USA inflation rate (Dept. of Statistics)3.7%3.2%

Gold’s low of the week was $1,901.00 and the high was $1,931.00, now trading at around $1,910.00.

  • The monthly chart for Gold is a hold, looking neutral to down.
  • The weekly chart is giving a sell signal but the volumes suggest that the price may recover shortly.
  • The daily chart while the price is flattish has given a sell signal.
$GOLD Gold - Continuous Contract (EOD) CME 14 September 2023

The low for Silver this week was $22.30 and the high was $23.22, trading around $22.62 at present.

  • Silver on the monthly chart remains a hold but is looking close to a sell.
  • The weekly chart has had us on a rollercoaster and is indicating sell or stay out for now.
  • The daily chart remains in sell or out mode.
$SILVER Silver - Continuous Contract (EOD) CME 14 September 2023
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Our partner has stock of both gold, silver and Goldbacks in our vaults available in Panama.

Please contact us for more information.

Goldbacks Fort Kobbe Vaults Panama

On the Stockcharts.com charts, the blue vertical lines are our proprietary system buy signals and the red vertical lines are system sell signals – for information purposes only

Please contact us to arrange the purchase and storage of your gold and silver requirements in a safe, insured, location outside of your jurisdiction.

If you are interested in an overview of Fort Kobbe, you may want to have a look at this video: Mike Brown, Director, Fort Kobbe, International Vaults, A DotCom Magazine Exclusive Interview

This is my interpretation of the market and is not to be taken as financial advice. Before making any buy or sell decisions I recommend that you consult with your professional financial advisor.

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