Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "Gold Ready to Blow Through Cup and Handle Top?" video.

  1. Good video: Mario is a proper Prince of Gold. Below is a time-stamped summary. 📈 This video discusses the cup and handle formation in the gold market and its significance in terms of technical analysis and perception management. 00:13 The cup and handle formation in the gold market is being analyzed in terms of its historical performance and its potential in the present day. The importance of understanding gold beyond its price and trading paper gold is emphasised. The cup and handle formation also has implications for perception management by the powers that be. 💰 Gold is seen as insurance against political uncertainty, economic disorder, and the whims of central banks. 04:43 The primary reason to own gold is that it maintains value, especially during times of crisis. Gold allows individuals to become their own Central Bank and protect their wealth from depreciation. 📉 The video discusses the cup and handle pattern in gold and the significance of price suppression by powers. 08:33 The cup and handle pattern in gold indicates price suppression by the powers. Gold is not a get-rich-quick scheme and requires patience as it protects the value of savings over time. Gold has turned into a speculative market since 1975. 📚 A scholar and economist discusses the importance of gold and bond yields in indicating inflation, referencing historical events and research conducted by Gata. 13:06 The scholar was the United States Deputy Secretary of the Treasury from 1995 to 1999. Robert Rubin, former Treasury Secretary, started his career at J Aaron. Gold dropping in 1996 signaled the start of the leasing program by bullion banks. 💰 The video discusses the disparagement against gold and the potential for it to break out in the near future. 17:37 There has been a history of disparaging editorials and articles against gold in the mainstream Financial press. Gold is currently at a new high of $2012 per ounce.
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