What is Gold going to do next?
Pop Quiz. Gold is near resistance. What is gold going to do next? Option 1: The world is falling apart. This oil thing is a nightmare. Break above $1700 and…
0 Comments
2020-03-09
Oil market crash – how does it impact Malaysia
Some people don't understand how this impacts the Malaysian currency. Let me break it down for you. About 15% of Malaysian GDP is directly sourced from Petroleum. 50% of Malaysian…
2020-03-09
High Debt + Covid 19 equation… Let me break it down for you
Equation: High Debt + Covid19 = Disaster Some people don't seem to understand what this equation means. Let me break it down for you. High Debt + Covid19 =…
2020-03-09
If you are not worried, you need to be
If you are not worried, you need to be. If you are worried, you don't need to be... Explanation:The worried ones have already taken precautions. The ones who are not…
2020-03-08
Good news: soon you won’t need to buy toilet paper. You can just use cash
Good news people. Soon you won't need to fight for toilet paper. You can just use your cash. Ps. Go google what helicopter money is if you don't know. Note:…
2020-03-07
First the liquidity crisis, then the insolvency crisis
As markets continue to plunge expect traders to have more margin calls (i.e. illiquidity). More margin calls could result in more traders selling gold to raise cash (i.e. liquidity). Good…
2020-03-06
High Debt + Deadly Virus + Aging Population
Pop Quiz: Which countries have High Debt + Deadly Virus + Aging Population? World Bank list of countries with aging population (click to view): Below is a list of countries…
2020-03-04
High Debt + Deadly Virus = NATIONAL DISASTER
Pop Quiz: Which countries are going to discover the answer to the following formula? HIgh Debt + Deadly Virus = NATIONAL DISASTER Why is debt important to gold? Because the…
2020-03-04
High Debt + Deadly Virus = Corporate Disaster
Here’s a handy formula. High Debt + Deadly Virus = Corporate Disaster China’s Wanda is not the only company in the toilet. It’s like traders borrowing on margin and getting…
2020-03-04
While Gold price fell last week, it is actually making new highs
While everyone is focusing on the dramatic drop in the gold price last week (USD 127 or 7.5%), gold actually broke a new high and raised the downtrend line on…
2020-03-02
