If so, why is gold spiking?

i bought futures at 1800

>>512143042 (OP)
Its a mix of it being a indicator of inflation, but also where market makers who are spooked are investing in due to uncertainty. You can see the same thing happening in short term government bonds.

>>512143042 (OP)
learn to read OP

>>512143042 (OP)
gov debts wont be paid back. more inflation is coming.

>>512143042 (OP)
Gold is a bit pricey and could do with a pull back. It could also spike to 8000 usd/oz . That would be about equivalent to the $800 blowoff top of the 70s.

Gold is a direct measurement of the purchasing power of money, in this case $

gold is rising because central banks are buying.

>>512143042 (OP)
> Is the gold price an indicator of real inflation?
Money printing.
Inflation tends to lag. The prices only go up when they are bid up by multiple customers demanding access to resources and being willing to pay more.
So the money hits the market and inflation tends to follow, in whatever sectors are in demand.

there are multiple factors. let me explain i trade gold quite alot.
1. the goldminers stopped hedging and that was when it started to really pick up, some years ago. they hedge way less now probably.

2. the fed and the eu cant supress the goldprice anymore, the eu had some "we will make sure gold stays down for developing countries" bs and the fed always controlled the goldprice.

3. the dollar is exceptionally weak now and trump wants it that way.

4. net buying by central banks. always watch the central banks and if they are net buying or net selling. they control the gold.

5. investment meta shifted, everyone puts 5% of his portfolio now in gold. as the paticipants engage in profit taking and get dollars they get converted into gold.


prices move due to aggression and not the amount of participants. every transcation is balanced. it always takes 1 seller and 1buyer.

however the amount of price sensitivity and aggression (market/limit) is what moves the market.
like you have a shitton of people who want to buy at a level but due to aggression it will never get there.

the real pump will happen in copper. copper is needed for everything. any future you can imagine will need a lot of copper.

>>512143990
Can you imagine the shitshow if the US doesn't pay back its debnts

>>512146988
'Sorry you cannot withdrawal your USD, we can however convert your savings into Tether.'