Disliked{quote} Seems interesting system. Will you plz tell us what the system predicts for gold? Thanks BTW, immediately after today's fall to 1269, I got another long position from 1270. This is because I FEEL the market is going down, and I REASON it's going up. wanted to go against my feeling this time.Ignored
Gold is not the sole unit of trust in trading anymore as the USD is losing worshippers to other currencies. Gold is price linked to USD but when gold link loses that ungoverened USD status, USD will probably fall flat and crash. All gold prices are quoted originally by USD value, which is overvalued and inflated to sustain US market without regard to the rest of the world. When the globe removes their trust from USD as is happening, then gold will devalue to it's tru value and the USD will likely freefall to it's true value which is likely to be around 30 to 40% of it's current value in real terms. Unless the USA accepts responsibility for it's debt to it's people, it is a house of cards and a single breath could crash it down sending the planet into a depression that makes the 1930's look like a summer holiday camp.
For these reasons, we need to get a global currency that is global and non-sovereign to avoid such a crash, but issues of National Security and sovereign debt are preventing it from happening. When a crash happens, every nation loses it's control of debt and the dust settles on the best defended currencies which rise up to handle the aftermath. Zimbabwe is a case i point here. Hyperinflation eroded capital, land was grabbed, owners evicted, murdered or imprisoned and everything that generated money was nationalised. Now they have no money, no way to generate capital and survive on imports from neighbours and the cash used is not their own. America faces the same issues on a substantially different scale with the same risk potential. Bad management policies ruined Zimbabwe and is ruining America for the same reasons except America has a greater impact and a lot urther to fall. When (not if) America falls, trhe world will crumble economically unless solutions are found within 6 months to share te US debt burden that no other country in the world wants to assist with.
The Euro survives because of the United Nations concept. One strand is easily broken, but a rope of many cords is not easily severed. The image here shows what is possible and I hope it does not go this way, but this is the most likely course according to collated market data.
You win, you lose. All else is history. The future does not exist.