Fort Kobbe Vaults Newsletter_Coins

A look at the Gold and Silver Charts (21.11.2024)

silly donkeys-grrrgraphics cartoon
© Grrrgraphics-Tina Toon
funny serious meeting cartoon

The politicians are leading us to a place I certainly do not want to be. A nuclear holocaust against humanity. Is this orchestrated to take us to the brink, to open our eyes? Is it to scare us into submission for the implementation of one world government? Is it to introduce one world currency?  

All I can say for certain is that they are playing an extremely dangerous game with humanity’s lives.

Russia is being baited once more. The Dems authorizing long-range US-guided missiles against Russia. UK going along with and supplying their missiles. Both and more countries are risking all of our lives by not believing the stated intention of Russia to retaliate.

There are warnings that the US embassy in Kyiv is at risk. Retaliation? What if Russia attacked the US directly? They feel that the US has attacked them directly. This is understandable.

There is no withdrawal, nor recovery from a full fledged nuclear war.

Israel and Iran are both nuclear-armed, I don’t care what we are being told. Could the meltdown start as easily in the Middle East as Russia and Ukraine? I think so.

My assessment of the current situation is that the actions taken by ‘Biden’ are to undermine Trump and to bring him into power in a state of full-fledged war. Extrication from which will be very difficult. (If they don’t succeed in removing him from the planet before then).

The strings are being pulled from a place far higher than Biden, Trump, Netanyahu, Khameneh , Putin etc. The real rulers of the world have to be identified and removed.

In this vein, I have never seen wars prosecuted like this. Kids’ school games maybe. I will hit you then wait to see where and what you do before I decide how and when and where to retaliate. This in no way underplays that real lives are being lost, injured, or destroyed. This shows me the level of care they have for humanity. It also shows how we are OWNED by our countries. Just look at the call-up notices, irrespective of where you are or what you are doing, or how long you have been out of the country.

The call-ups in Europe for people between 16 and 70 are outrageous but understandable under the severity of the circumstances. The irony is that no one would be left standing, irrespective of call-ups in a nuclear war.

Quite frankly in the US, I do not trust either party. I do like the direction that Trump appears to be taking. 

To regain trust I would like to see action on Trump’s promises and most certainly implementation of proper lawful punishment of the people, above and below Trump and maybe others involved in the subjugation and repression of humanity.

When I see that I may believe in the bona fides of President Trump and his team, the Dems have played their hand so we know what to expect from them.

We sadly are at a point in our history where we are obliged to fight to get our individual and country sovereignty back, we have to resist and fight for our rights and individuality. Where the people rule the governments and not the other way around.

We wait and watch with interest as we witness this ever changing fascinating world event unfold. Truth exceeds fantasy by far in our current situation.

BITCOIN AND GOLD

BTC:GLD: Bitcoin outperforms gold. Trump spike evident. Looking overbought. GAPS GET FILLED.

$BTCUSD:$GOLD Bitcoin to US dollar/Gld CRYPT 21 November 2024

ETHUSD: Sell. We got a sell signal a couple of days ago, but overnight the price spiked up to $3346.00 This has not reversed the signal so far.

$ETHUSD Ethereum to US Dollar 21 November 2024

BTCUSD: Hold.  No sell yet, but the time is nigh. Looking very overbought. Huge money flows into BTCUSD so we hold.

$BTCUSD Bitcoin to US dollar CRYPT 21 November 2024

GOLD AND SILVER STOCKS

Gold stocks outperform gold.

$GOLD:$HUI Gold- Continuous Contract (EOD) Gold Bugs Index - NYSE - 21 November 2024

Silver outperforms silver stocks. Pretty much a sideways movement which could unfold either way.

$SILVER - SIL Silver- Continuous Contract (EOD) Global X Silver Miners ETF 21 November 2024

GOLD AND SILVER

Silver to Gold Ratio

Gold is outperforming silver.

$GOLD:$SILVER Gold Continuous Contract - (EOD) Silver - continuous 21 November 2024

GOLD TO USD

The USD continues to outperform gold, however, there are signs of a turnaround.

$GOLD:$USD Gold - Continuous Contract (EOD) CME 21 November 2024

A LOOK AT THE GOLD AND SILVER CHARTS

TodayLast Week
Gold Price$2,665.00$2,554.00
Silver Price$30.80$29.99
Gold:Silver ratio86.39:184.34:1
Gold Miners bullish percent index64.2964.29
Dollar Index106.52106.75
Dow:Gold Ratio (BahaUS 43452.00 Gold price, $2,665.00)16.3017.25
Current USA inflation rate (Dept. of Statistics)2.4%2.6%

Gold’s low of the week was $2,561.00 and the high was $2,673.00, now trading at around $2,665.00.

  • Gold Monthly:  is a hold. We bought in at $1,800.00 in October ‘23. Funds flows into the metal are substantial.( Chart Below).
  • Gold Weekly: is out. Funds are still flowing into the metal. Recovery in progress, no buy signal yet.
  • Gold Daily: Out since 31 October. Signals are turning. I would guess a buy this week or early next.

$GOLD Gold - Continuous Contract (EOD) CME0 21 November 2024

The low for Silver this week was $30.25 and the high $31.53, trading around $30.85 at present.

  • Silver Monthly: Hold. Buy signal taken at $24.00 in March. Weakening. Out of overbought territory. Good funds flow into the metal. (Chart below).
  • Silver Weekly: Out (7 November 2024). Indicators still pointing down. Signs of recovery. No buy yet.
  • Silver Daily: Out. (Sold 28 October 2024) Price bounced off $30.00. Appears to be recovering, no buy yet.
$SILVER Silver - Continuous Contract (EOD) CME 21 November 2024

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

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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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