Gold Daily and Silver Weekly Charts - Currency Wars by Jesse

Remember

Disclaimer

    The views contained here may not represent the views of 24hGold, its affiliates or advertisers.

    24hGold.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including, editorials, news, prices, statistics, analyses) provided through its service. In no event shall 24hgold.com, its affiliates or advertisers be liable to any person for any decision made or action taken in reliance upon the information provided herein.

    Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of 24hGold.com, is strictly prohibited.

Published : April 10th, 2015

305 words - Reading time : 0 - 1 minutes

Send

comment

Our Newsletter...

“We first crush people to the earth, and then claim the right of trampling on them forever, because they are prostrate.”

Lydia Maria Child

Gold and silver were under pressure most of the day, starting with a trend to weakness yesterday evening in the globex market.

A brief rally this morning back above 1200 in gold was shoved back down fairly hard. Again, this is just the tyranny of round numbers and perception management.

There was negligible activity in the Bucket Shop on the Hudson, although they were certainly moving silver bullion around the plate in the warehouses, with little net affect.

There was intraday commentary on the currency war here. I think it is fairly important to read this and understand it, even if you don't agree with all of it. The issue is that quite a few people in the rest of the world see things this way, and are acting on it. So the effect is there, even if your particular domestic media choose to ignore it for whatever reasons.

Personally I think it is spot on, and the greatest macro financial trend of my generation, ie the resolution of the settlement and basis for global trade, both in terms of rules and valuations. Its ramifications are being manifested ever more strongly across all three levels of international relations: diplomatic, economic, and military.

I think it is not too much to say that the currency war is the Rosetta stone for understanding what is happening in our world today. The most surprising thing is how such great events can be taking place, affecting so many lives around the world, while so few non-specialists are even aware of it. And I suspect that quite a bit of that is by design. Money and power are our modern idols.

Have a pleasant evening.

Rate :

Average note :0 (0 vote)

Comments closed

All

Favorites

Best Rated

Latest comment posted for this article

Be the first to comment

Add your comment

Take advantage of rising gold stocks

Subscribe to our weekly mining market briefing.
Receive our research reports on junior mining companies
with the strongest potential
Free service, your email is safe
Limited offer, register now !

Go to website.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis

In the same category
The Plague of Illusion and Madness Jesse What Sorrow Awaits the Shepherds of Lawlessness Jesse A Carnival of Beasts Jesse Dry Bones Jesse Many, Falling Away Jesse Behold Your Mothers Jesse Pride Changed Angels Into Devils Jesse Black Swans Circling Jesse The Madness and Illusions of the Exceptional Jesse The Overreach of Power and Privilege Jesse


	“We first crush people to the earth, and then claim the right of trampling on them forever, because they are prostrate.” Lydia Maria Child Gold and silver were under pressure most of the day, starting with a trend to weakness yesterday evening in the globex market. A brief rally this morning back above 1200 in gold was shoved back down fairly hard. Again, this is just the tyranny of round numbers and perception management. There was negligible activity in the Bucket Shop on the Hudson, although they were certainly moving silver bullion around the plate in the warehouses, with little net affect. There was intraday commentary on the currency war here. I think it is fairly important to read this and understand it, even if you don't agree with all of it. The issue is that quite a few people in the rest of the world see things this way, and are acting on it. So the effect is there, even if your particular domestic media choose to ignore it for whatever reasons. Personally I think it is spot on, and the greatest macro financial trend of my generation, ie the resolution of the settlement and basis for global trade, both in terms of rules and valuations. Its ramifications are being manifested ever more strongly across all three levels of international relations: diplomatic, economic, and military. I think it is not too much to say that the currency war is the Rosetta stone for understanding what is happening in our world today. The most surprising thing is how such great events can be taking place, affecting so many lives around the world, while so few non-specialists are even aware of it. And I suspect that quite a bit of that is by design. Money and power are our modern idols. Have a pleasant evening. .