I used Chat GPT to generate the above cartoon. It refused my initial instructions to depict Trump in the cartoon as well as real names or proper depictions of the countries. The result you see here is a compromise the AI could finally agree on.
Donald and his team are contemplating the new structure of the world. I agree totally that everyone needs to pay their way. I have not understood why the current situation has been allowed, unless it is to deliberately weaken the US, UK and Europe.
The way that rectification takes place is paramount to its success. The ‘lesser’ countries are sick and tired of being bullied and will push back if not treated privately and with finesse.
I believe that a fair and equitable solution can be found. Just because you have big muscles don’t think that is the only way to negotiate. Show your muscles and use your brains.
If you want fair trade, demand equal treatment from your trading partners. If you want the dollar used, make it usable.
- Stop using the global currency as a battering ram. Stop using it as a political tool.
- Stop using it as a way to reach far beyond your natural authority.
- Stop the weaponization of the SWIFT system.
- Give Russia back the $300,000,000.00 the US has stolen from them, as well as the boats etc. commandeered from individuals in the name of punishment.
Arrest the criminals lawfully and remove the stupid burden placed on businesses to do the work of law enforcement. Make law enforcement dependable and arrest all corrupt enforcers of the law. Remove all FATCA nonsense. Allow Americans, businesses, and the world financial freedom.
All of the above are easily achievable. Just the will to overcome vested interests is required.
Have a relaxed festive season and prepare for an exciting year ahead.
The Markets
The Mannarino Market Risk Indicator is still above 300 at the extreme risk level. This morning at 311.9.
- Gold is up 30.90% this year
- Silver is up 31.75% this year.
- Not many investments give this kind of return. Crypto’s perhaps, but with huge volatility.
Have we missed the boat? Who knows, markets do what they do. My opinion is this is still the beginning of the run. Right now I would not buy in because the daily and weekly indicators are weak. That can change in a heartbeat.
BITCOIN AND GOLD
Sell bitcoin versus gold still stands as the indicators still point down.
Mind the gap.
ETHUSD: Out 10 December 2024: A spike low indicates a reversal. Indicators still pointing down. No buy.
BTCUSD: Out, 24 November. Increased prices, with indicators pointing down, make me reluctant to buy into Bitcoin. The price is still coming off.
GOLD AND SILVER STOCKS
Gold outperforming gold stocks. (13 December 2024) Looking toppy.
Silver outperforms silver stocks. (13 December 2024).
GOLD AND SILVER
Silver to Gold Ratio
Gold outperforming silver. (Signal given 12 December 2024)
GOLD TO USD
US Dollar outperforms Gold, (16 December 2024). No change, indicators pointing down.
A LOOK AT THE GOLD AND SILVER CHARTS
| Today | Last Week | |
|---|---|---|
| Gold Price | $2,634.00 | $2,594.00 |
| Silver Price | $29.80 | $29.03 |
| Gold:Silver ratio | 88.33:1 | 89.47:1 |
| Gold Miners bullish percent index | 53.57 | 53.57 |
| Dollar Index | 108.17 | 108.06 |
| Dow:Gold Ratio (BahaUS 42,929.00 Gold price, $2,634.00) | 16.29 | 16.40 |
| Current USA inflation rate (Dept. of Statistics) | 2.7% | 2.6% |
Gold’s low of the week was $2,608.00 and the high was $2,639.00, now trading at around $2,634.00.
- Gold Monthly: is a hold. We bought in at $1,800.00 in October 2023. Funds flows into the metal are substantial and continuing. It is overbought and rolling over. No sell signal yet.
- Gold Weekly: is (Out 11 November 2024) No buy signal yet. Looking weak. (Chart below).
- Gold Daily: (Out: 16 December 2024). No signal change
Silver’s low this week was $29.11, and its high was $29.87. It is currently trading at around $29.83.
- Silver Monthly: Hold. Buy signal taken at $24.00 in March. Weakening. Out of overbought territory. Good funds flow into the metal. No sell yet.
- Silver Weekly: Out (7 November 2024). No buy yet. Rate of change negative. (Chart below).
- Silver Daily: Sell. (13 December 2024). Attempting a reversal. No buy yet.
Our partner has stock of both gold, silver and Goldbacks in our vaults available in Panama. Please contact us for more information.
A video by Mike Adams on the Goldbacks.
Well worth a look!
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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