Fort Kobbe Vaults Newsletter_Coins

A look at the Gold and Silver Charts (18.07.2024)


Trump-shot-gun-atttempt

It would be remiss of me not to make a comment on the attempted assassination of President Trump.

We have been shown in graphic detail the abject failure of the three letter agencies, not only in the US but in their equivalent counterparts worldwide.

They have conspired together to execute their 2030 agenda. They have used biased court decisions and made immoral but ‘legal’ laws against us. Flouted the constitution, prosecuted us based on flawed laws until challenged in court.

Introduced bio-weapons against us, created fear and lockdowns in order to inject us with mRNA shots, now proven to be detrimental to our health on more levels than we are even aware of. 

This just scratches the surface of the tyranny carried out against humanity. We have not touched the health issues caused in part by the subterfuge of sugars in foods, such as sugary cereals,  fluoridation (poison aluminum) of our water causing calcification of our pineal gland, chemtrails, and all the heavy metal poisoning associated with that.

Then, whilst most convenient for us to have, poisoning of the energy around us with 3G, 4G, 5G each time more invasive. 

The Georgia Guidestones states a world population of five hundred million. How do they get rid of the rest of us seven and a half billion? If we are sick and our ability to procreate is compromised this appears to be a partial solution.

Our cell phones, computers, TV sets, and vehicles are all ‘spying’ on us. What happened to privacy? Censorship is rampant throughout the world. Facebook, Google, YouTube etc. have all been fingered. The ‘alternate’ media is discredited continually, but are the real purveyors of the news.

The financial system is being destroyed to force us onto their total surveillance and control CBDC (Central Bank Digital Currency) system. The debt is beyond belief and beyond repayment without the destruction of the dollar. The new system is right there in the wings.

War is the cover for failure of the financial system.

When President Trump said the deep state extended far and wide, I had no idea how far or how wide, I believe he did not know either.

I believe that his problems have just begun. The deep state cannot afford for him to be elected. I am still not sure of his allegiance as I think only people who are receptive to promoting ‘the cause’ are selected for us to select from. 

Perhaps this attack will make him determined to make real changes. Changes that could alter the course of humanity and that would free us from tyranny.

His statements so far make me feel that holding my breath and waiting for the changes may be in vain. I fervently hope that I am wrong.

I wonder if we need to find and promote people, not involved in the system and who are capable, honest and hard-working, with compassion for the people, into positions of power and remove the corrupt fat cats.

I don’t believe that anything will change unless the populations of the world stand up for their rights and make real changes, beneficial to the people and not the reserve banks and many others sucking off the teat of society.

BITCOIN AND GOLD

BTC:GLD below shows Bitcoin outperforming gold.

$BTCUSD:$GOLD Bitcoin to US dollar/Gld chart 18 July 2024

ETHUSD we have a buy on ETH

$ETHUSD Ethereum to US Dollar chart 18 July 2024

BTCUSD we have a buy.

$BTCUSD Bitcoin to US dollar chart 18 July 2024

GOLD AND SILVER STOCKS

Gold stocks continue to outperform gold. There are signs of a turn around, I would expect a change in about a week and a half.

$GOLD:$HUI Gold- Continuous Contract contract Gold Bugs Index - NYSE - 18 July 2024

Silver stocks now outperform physical silver. This looks to continue for a while.

$SILVER - SIL Silver- Continuous Contract chart Global X Silver Miners ETF 18 July 2024

GOLD AND SILVER

There are huge short positions on gold and silver due for expiry on 30th July 2024. I expect that the prices of both will be brought below these levels within this timeframe. We are excited about the new highs in gold, but the banks control the market so it is unlikely they will lose money on their contracts. We wait and see.

Gold and silver have broken out of their quarterly ranges as shown below.  Gold has surpassed its previous all time highs, but silver has a very long way to go in order to just equal its previous highs.I believe that it will far surpass even that by more than one can believe at this time.

Silver and Gold quarterly chart

SILVER TO GOLD RATIO

The indicator has switched to gold outperforming silver. Watching gold power ahead of silver.

$GOLD:$SILVER Gold Continuous Contract - chart - Silver - continuous 18 July 2024

GOLD TO USD

Gold continues outperforming the USD. The indicators are overbought, but the trend seems to continue for a while.

$GOLD:$USD Gold - Continuous Contract chart 18 July 2024

A LOOK AT THE GOLD AND SILVER CHARTS

TODAYLAST WEEK
Gold Price$2,460.00$2,407.00
Silver price$30.30$31.60
Gold:Silver ratio80.98:176.73:1
Gold Miners bullish percent index89.2985.71
Dollar Index103.91104.19
Dow:Gold Ratio (BahaUS 41,241.00 Gold price,  $2,460.00)16.7616.49
Current USA inflation rate (Dept. of Statistics)3.3%3.0%

Gold’s low of the week was $2,401.00 and the high was $2,483.00, now trading at around $2,460.00.

  • The monthly chart for Gold  is a hold. We bought in at $1,800.00 in October ‘23 and have held it to date. It looks overbought but the indicators are mainly positive. (Chart below).
  • The weekly chart remains out. There are encouraging signs but no definitive buy yet. It looks like a buy, but I am not excited by the indicators.
  • The daily chart continues to be a hold.

$GOLD Gold - Continuous Contract chart 18 July 2024

The low for Silver this week was $30.04 and the high $31.43, trading around $30.32 at present.

  • Silver on the monthly chart indicates a hold.The signals look positive. (Chart below).
  • The silver weekly chart is a hold.  It is holding above its old trading zone which is positive. We bought it for $24.00. Indicators are pointing down. It seems to be running out of steam.
  • The silver daily chart indicates a sell today.

$SILVER Silver - Continuous Contract chart 18 July 2024


Our partner has stock of both gold, silver and Goldbacks in our vaults available in Panama. Please contact us for more information.

Mike Adams talking about Goldbacks

A video by Mike Adams on the Goldbacks.

Well worth a look. Watch here

Goldback FortKobbeVaults 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.

Larry Simon
Larry Simon

Larry Simon was educated at the University of Witwatersrand, Johannesburg, South Africa and is an experienced businessman specialised in management, investment and finance.

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