All these charts and 1000's more available on my website goldchartsrus.com for the price of a coffee. Over 75,000 charts on 8,500 pages dedicated to gold, precious metals & financial markets. The website is old school built in php/html on notepad & an old XP box. It is not HTTPS but is entirely safe to use. It will never be updated nor replaced & you will find many charts here that you won't find anywhere else on the web. The website has been designed around online databases updated intraday/dailyweekly/monthly that allow all the 1000's of charts to update. It shows one man's obsession with gold & historical data & the ability to write charts in code to show unique insights. With so many charts to view you will find out why I perceive charts as golden conveyors of information. A picture is worth a thousand words & a charts shows a lifetime of prices.

As a long term gold watcher who has spent the last 3 decades with live intraday gold & silver feeds running in his face for 12 hours a day I must declare that the essence & pace of gold has changed. Prior to this I used to refer to gold as 'Lurch' as it had a way of lurching forwards 3 steps & the being whacked back 2 & thus the price action was volatile & slow work climbing. Now in this new era Lurch has changed his pace & is much more steady - 3 steps forwards & then hang about for a while & then back to climbing. Lurch has changed tempo. And I put it down to physical demand slowly overwhelming the fiat derivatives in gold/Silver & the ability to contain & control it. Lurch has metamorphosed into a Juggernaut for sound money vs fiat! And the masses are waking up slowly. :) Gold/Silver the Lynchpin of sound money. Thus Lurch has metamorphosed into Linchpin. :)

Someone is shopping

Gold is going to get interesting. To enjoy this ride I am opening my website up with free access for a couple of weeks. All chart lovers & lovers of gold & silver are welcome to browse thousands of unique charts. Start your journey here>>> goldchartsrus.com/gold/chart…

What's up with silver? It's the king of volatility & just been raised to a critical metal & there's no bid yet? I'm patient. :)

David sees $40 then $75 for silver with $4k for gold this year. $20k for gold & $500 for silver 2032-2033 piped.video/watch?v=o7XFqIuZ…

THIS - We have entered a new epoch. When we broke that line we were destined for a new valuation. Epic! It's all written in the charts.

Here's the timeline

Just a hunch. Gold is no longer a trading commodity. It's the new world currency being repriced so it can be implemented into the system -yet again. This is why the price action is befuddling traders. Gold is to hold as it moves up to the represented value of wealth in the world. So play long. HODL for the new empiracle level yet to be realized. Will it be 10k - 20k - 30k - 40k - 50k We wait to see where Mr Market takes the price. Old adages of gold was manipulated down are no longer in play now that the impetus is that it will become the new currency of wealth. GOLD vs M3 or DEBT (350 trillion plus)

On the flip side Bitcoin has never gained $1 trillion in a day. Gold hit a high of $4,380 & dropped to $4,090 with an intraday range of $290. Humanity has produced 209,685 tonnes of global production over it's history. This imputes with a $290 drop, a move down in total value of 1.95 trillion! ATM when gold moves $150 in a day then it is moving $1 trillion in value. So gold is breathing in & out the total value of Bitcoin every few days/week. Put it into perspective. Bitcoin is not gold neither resembles gold but is another asset class amongst many derivatives - it was born in an era of bubbles & derivatives & thus is thus. Bitcoin advocates have long tried to sell BTC using gold's timeless attributes but that is just shady marketing in today's weird world where opinions rule & facts don't matter. Gold is timeless in our strange days. A billion footfalls tell the truth of the story as it unfolds. Gold is the monetary bellows of mankind's wealth - breathing in, breathing out & growing forever in it's timeless attributes. Bitcoin can neither steal nor gain what gold has earnt. Timeless.

This is not a bull run to collapse afterwards. PM's are being repriced to new levels as "PRECIOUS METALS" Silver was always too cheap. :)

The metals are poised & like a Mexican Wave the goldstocks are signalling it's time to move up on the next leg.

Breakout soon - up or down $1000 Trump gets peace & stops both wars then down 1000 If not then up 1000 Simples. :) goldchartsrus.com/gold/intra…

I'm a 'logger' when it comes to cycles, manias & charts. Reality is never linear. If it's a repeat then 8k perhaps. Which is a repeat of the 1970's 5x Log steps up.

Finally got in contact with John Williams @ShadowStats & was able to update my SGS-CPI adjusted gold charts. The charts are constructed from a more realistic CPI dataset so probably more real. :) True inflation????

ShadowStats John Williams hasn't updated his data for a couple of years & so I reverse engineered his dataset & it's relation to the CPI & filled in the last 2 years & the results are eye popping for gold & silver.

CME Silver Deliveries at 10,537 contracts so far This month looks set to be the 4th largest or better.

It's a grind. 3410 & 39 next.

New ATH's by end of week & then gold gets sassy.

Goldbug ramblings: I don't think that the price rise in gold has anything to do with war. I think the BRICS are monetizing gold to be the new currency. And the US are looking to inflate anything on their balance sheet & they want BIG LEVERAGE ie Bitcoin, stablecoins & gold to be valued so high that it supports their debt. The Bond market is dying as no one overseas feels confident or willing to by them in the size that the US need. That game that worked so well has ended. And they see that stablecoins can become the new source for backing their debt, There's a ratio between BTC & stablecoins & they believe if they can boost the price of BTC by huge numbers then the stablecoins will buy their debt in huge amounts. They want to inflate their debt ponzi. They also are happy to let gold run as the same applies here. They are desperate to find a new source of backing for their debt as the rest of the world is distancing themselves from it. So they throw caution out the window & slam the pedal to the metal to inflate their debt away. Essentially we are gearing up for hyperdrive with BIG NUMBERS. And if you want to know what that's like then check out Zimbabwe or Argentina et al. So understanding this & that the rest of the world would rather hold gold as the new future currency & that that the US intend to inflate their debt away through BIG NUMBERS then one can consider that the price of gold will also have to rise to BIG NUMBERS so that the world can live in harmony with their new currency & the new game that is played to balance debt now that bonds fails to do so. It seems we reached an aha moment where the valuations of our assets won't be done through bonds so much as through our gold reserves. IMHO we see much higher prices.... in the assets that the governments now choose to back their debt.

What's up. :)

If this gold bull run has 5 years to go & it started in 2000 then that means we are 83% of the way through it. The best part is that last 10%

Look at the performance of Gold vs the HUI/XAU gold/silver stocks Gold broke out in March 2024 Every gold/silver stock holder knows something happened in August when they look at their portfolio balance. (Imagine Rick Rule's smile.) You can see it in the chart. And then comprehend that this leg us has just started & expectations are it will be strong. And the presumption is that the price moves seen in gold & silver will be going up to new levels from which they will not be retracing much from. ie that the metals are repricing themselves vs fiat to new tiers. 25 years into the game & it seems like 'game on' has just begun. :)

And using ShadowStats CPI which is closer to reality then silver's high in 1980 was $1640. Choose yer poison.

My website is open for 2 weeks to all & we are now 9 days in & I have been posting chart after chart trying not to duplicate & I am probably up to 20% of my website charts. Along the way as I showcase the pages I am fixing glitches & tweaking the charts. Still much to do. One man's obsession with gold & charts & a lifetime to create & just a hobby. :) Please enjoy. goldchartsrus.com/gold/chart…

Gold markets are getting interesting. For a long time gold was the leading indicator for gold. Then silver became a leading indicator for gold. Now gold stocks are becoming a leading indicator for gold. Ergo last Friday - gold stuck in it's wedge - whilst silver is starting to break out & gold stocks just jumped. To my mind this is a market that is building in sentiment & participation & now moving to another level. Here's gold in it's wedge & silver moving up.

Choose your country - choose your fiat - choose your poison,

As the reset happens all assets are repriced vs gold as we see currently.

We are now in the last 24 hours of my website open to all to have a wander through. goldchartsrus.com/gold/chart… And I trust some goldbug chartist's had a good look-see. :) Presented are one man's obsession with gold, charts & data, a pure hobby that has kept him busy over the years, It is not a business & I have few subscribers as most want advice & guidance and all I offer is charts & no more. Most of my subscribers are gold/silver experts who use my charts in their work & I let them do the talking & explaining. We all know them all & 'thank you' to them for their kudos. The rest are HNW clients who are happy with their own interpretation of the charts & want the data shown & presented in charts. My passion is in the numbers & the many presentations & unique ways to perceive gold in all it's forms when displayed in charts. And my passion for all things golden & fishy. :) Thanks to all who took the time out to wander through my collection. Namaste 🙏 And to the few who would like to subscribe - then welcome & feel free to reach out & request your favorite chart or dataset displayed - if it's readily available I can look to adding it in & in truth that has how my website has grown over the years - so many good ideas on how gold should be weighed measured & shown in chart format. Thanks for enjoying the charts - they are Golden.

Monthly gold - amazing price action since 1970 unleashing.

Those who cannot see inflation now do not understand money. Fiat's purchasing power is evaporating due to too much. Liquidity is sloshing around like a drunk on a bender. Assets are not rising in value - the are losing value but cost ever more $ Look at Zimbabwe or Argentina to see what happens when fiat purchasing power declines - their stock markets soar - prices of assets rise & people are poorer. This illusion that Numbers Go Up brings prosperity, is a lie in our lopsided world where the 5% steal the wealth from the 95% We are in a mania of Numbers Go Up that will correct & normalize. Our societies show we need much better managers of stewardship. Currently the world is being gamed & it's a shame. We are supposedly an intelligent species. :)

CME physical silver cover

Waiting for silver to be unleashed.

If we are in power up mode then the next double should be quick.

Gold going up? Or is fiat going down?

SGE Gold Deliveries at 10t for the day

Comex gold gone to 100% coverage.! Open Interest x 100oz < warehouse stocks for the first time in Comex history in April 2025. Tier One asset status.

This, I believe, has created a paradigm shift that levers up to new levels. What was before, no longer is.

What happens if the Global South adopt Gresham's Law & sell the stablecoin & buy physical gold? They have already been doing this using the USD vs physical gold. Expect them to continue. This is Gresham's Law in action as the hand that heft's the weight of value is the one that perceives where value lies. The US needs a continual stream of buyers for it's debt & that is increasing in size exponentially. They have been expanding their debt through bonds but that system is failing & stablecoins are the next choice. I presume that gold is reflecting this problem (amongst others) & that just as the US buying it's own bonds through printing pushes gold upwards - so too printing trillions in stablecoins will also propel gold constantly higher. It's the debt ever increasing & no assets to repay it or any attempt to bring it down that creates this chaos. Creating new financial means (assets) to cover one's debt is not fixing the problem. So could this infer that owning gold will be like having a call on US Debt????? The higher one goes the higher the other goes. My bet is that the Global South already understand this Gresham's Law in action & have made their choices. Do you buy physical or do you buy the digital representation of wealth? And if both fly then which call do you make? When you look at physical gold the Global South are voting - they are weighing future value. @Sorenthek @TFL1728 spreaker.com/episode/episode…

China buying minerals ie Dore - I ponder that there's a change not noticed by the West here. Tech has advanced hugely in extraction processes. Perhaps by buying Dore at cheap prices they also get the honeypot of additional rare minerals/metals present in the Dore & at little cost? For many years the West has had a singular intent when searching & extracting minerals - to target the dominant metal & dump the rest & additional processing was bothersome. My guess is the Chinese are mastering metallurgy at a significant scale such that targeting long term contracts of Dore at the mine are giving huge rewards not just in the target metal but in all the by-products and ensuring long term supply of these? And they have been doing this in size for a quite some time. Major miners can afford the extraction of by products but I wonder abut all the small mid scale producers? This is out of my zone of knowledge - I am sure many experts in the mining business who would have their own opinions & expertise in the sector. I would love to hear them opine. China has certainly been clearly ahead of the pack in this regard. @Sorenthek piped.video/watch?v=OSkO6EXU…

Chinese ETFs in April jumped 2 million ounces.👀

JUST IN: EU and G7 consider setting price floors for rare earth minerals to boost production.

Here's one to ponder Eric - what happened to the area I highlight in the charts here. Seems like not normal to me. @KingKong9888 It shows a dearth of withdrawal activity. I ponder sometimes that Comex isn't like Vegas & that with the notion of much higher prices that the larger players are positioning themselves within Comex and happy to have their metals vaulted there. And that as the game gets serious & the values go up they have front & center the capacity to sell into the rise & profit handsomely. They are the front players at the table & we can see by the size of their stashes that there's a serious hand at play. Ante up brothers...... A once in a lifetime event....

Whatever happened to the Donald Trump and Elon Musk visit to Fort Knox? Then suddenly the whole story went away. Trump never mentioned it again after February 26. Musk went radio silent on the topic after April 6. There was no visit to Fort Knox. There was no announcement about why there would be no visit. It was as if the whole story never happened. It just went away. zerohedge.com/precious-metal…

So far I have exposed maybe 10% of my website of charts - some corners I have not seen in years - I program them & leave them - some are failed projects that were not worth the time - some are neglected corners that need updating. But with over 5000 pages & 80,000 charts this hobby has become larger than my ability to maintain. That said there's a wealth of charts & history on gold & silver - all the metals - all forex - all futures & indices & stocks pertinent to the gold markets. One man's lifetime obsession with gold charts & data. Please enjoy. It's GOLDEN!

ATHs in gold/silver around the word out of 162 countries 148 in gold 121 in silver

SGE deliveries 54.7 tonnes for the week

Think of a huge circus tent held up by large poles (G7) & supported by the outer lying smaller poles (ROW) held down by stays & stakes where the outlying & weakest stays give way first & one by one they pop off as the contagion works it's way towards the center. Here we see an inner circle pole giving way. (G7)

Comex silver at 70% coverage

One week in & CME Platinum at 4085 contracts called for delivery ensures a big month

Oops - there goes 9m oz of silver nitter.app/i/grok/share/FGErn1RdD…

We now see the end result of financial derivatives that are sold that do not have a direct link to the underlying product. ie the LBMA Gold & Silver The same exists for gold in that much has been sold that has a value attached to the physical price but no linkage to allocated physical metals. We now see them doing the same for crypto where they sell so many products that are financial derivatives that are supposed to track the product but have no direct allocation. The never ending stupidity in making so many clones of a good product that you sell it so many times over that it destroys the ethos that the product had in the first place. (Think Satoshi & GFC) We have seen them do this the last few decades in the PMs & now with the price rising the problem gets exposed. The naked seller who does not own physical. The same chaos should happen in crypto but it's digital to start with & has no allocated value underlying it that is physical & can be aligned one to one. It is rife with financial derivatization & an accident yet to happen. They took over the PM's market long ago to do this & now they are caught. Such are derivatives when they unwind & only have one owner.

What's the bet that just as gold broke the $2000 resistance & amped up to $3500 & has now spent 4 months digesting that meal. That it's soon to be silver's turn to do the same mega move up. ie that it will do a move resembling gold's amped move up. When gold breaks up to the next upside move I expect silver to do the same sort of performance & leap up past the old $50 & stabilize in the low $60's to digest that meal. Second half of 2025 is going to be good for gold & silver stackers. But remember it's not the price rising it's the purchasing power of your dollar dying. In Gold We Trust In Silver We Speculate

What did the Romans do well?

How fragile is a system that can fracture so much so quick on just a few words said out of place. Gold hold's strong!

ShadowStats CPI updated 1980 highs for gold were $36,886 1980 highs for silver were $1,706

The early history is relevant & shows we are not stretched at all compared to the 1970's

My favorite chart

Fav chart - the comments made so poignant upon reflection. Timeless buy points.

Everyone knows silver's volatility & that silver stands up & runs in the last 5% of gold's run & it's logical when gold is the base of Exeter's pyramid & silver is above it. And we are in a 'Monetary Reset' phase where gold is invited & silver can tag along late. Also some folks don't want silver to rise too much too fast. :) So my best guess is silver will have to wait - you can see this in the AU/AG ratio which is trending up, till it doesn't. And perhaps it infers that gold has a long way to run this innings & that it's not close to it's last 5%.

Ponderings: With gold & the PMs going much higher - consider then what occurs at a $10k gold price & $300 silver price. Governments eye off mining companies with their earning streams that went from 20% profit to 500% Governments eye off speculators whose wealth increased 10x. Governments want control of these money spinners & want them out of the hands of the citizens or at least tax them. As such it won't surprise me to see nationalization of mines & not just in the 3rd world. It is already started & will gain adoption. It won't surprise me if they banned speculation in the metals & tried to confiscate them. All those metals in ETFs & shortages of critical minerals in the street - it would be easier than digging them out of the ground again. Also I would not consider storage of metals in 3rd party hands where the 3rd party carries risk exposure not just to you but to multiple clients such that you can be sideswiped even though not your fault. I would also not consider any paper representation of gold to be solid as gold - stocks, options, futures et al. But then these events may not happen - I can just see the Gov't of the day trying to grab this massive wealth growth to control it themself? With events as they are now at 4k gold & how it's starting to heat up these are my thoughts looking forwards. Today things are still normal but getting hot - when the price goes higher enough I expect incursions into the industry by governments. Forewarned is forearmed. :)

SGE gold premiums creeping up

Can you imagine the pressure on those short these metals. Let's squeeze.

COMEX Gold deliveries vs SGE withdrawals goldchartsrus.com/gold/CMEvs…

Lift-off coming? When the P/O passes up through the zero line is when the price pops.

Positing on the WHAT IF of stablecoins ---- The US Gov't needs buyers of trillions in debt every year & it's rapidly increasing. Bonds have failed due to a lack of buyers. What happens with stablecoins as a source of buyers of US Debt - that's the intent. If crypto's fail then no buyers of all that debt. And I recall a friend who has a $500 punt on ETH. In that environment & at that price then I would guess that stablecoins will fail to generate enough purchasing of US Debt. Also consider that it's not just trillions needed to cover said debt but extra trillions each & every year. So to work it must constantly grow in a logarithmic quantity & flow. If I consider honest money & honest governments who don't rampantly increase the numbers in circulation then StableCoins will not work. Not enough grunt. And hence why I posit the possibility as a WHAT IF The government refuses to wake up to what actually needs doing. This is how hegemons fade into the night. --- The US needs foreigners to buy it's debt as it doesn't have the funds to do it itself without destroying the currency, When you loose the confidence then the purchasing power of your dollar falls. So if you are a foreigner investing in US Bonds, stocks or whatever - when this happens the value of the assets fall due to the currency depreciation let along the asset falling in price. So now that the USD is in a decline foreigners investing in the US are loosing value. So what happens with stablecoins if the same effect happens in crypto. The potential for foreigners to balk at buying US debt with any means is highly probable. This has been well explained but few comprehend. Thoughts of a goldbug who left school to go fishing. Reflections.

Silver has along way to go

Dow/Gold SP500/Gold Ratios Dow/Silver SP500/Silver Ratios

The silver dataset used has an error in the first segment of 87 years... The silver spike was in 1864 & thus the trendline would look different.

Pumping. :) I built this chart specially to track this leg up - lots of complex code to get it right & the best aspect is it's up to date by the minute so I can watch these pumps. Let's see if it launches above the last leg - so far it is tracking well.

Looking similar

CME raises gold margins by 5.6% & silver margins by 8.6% cmegroup.com/content/dam/cme…

World gold stock at $24.5 trillion. Can we reinflate the world with gold at 100 trillion market cap?

Ouch And why physical From 418,000 ounces to nothing much left. singlemineorigin.com/pages/e… etfstream.com/articles/tabul…

Many know of John Williams & the ShadowStats SGS CPI he published. My dataset is 2 years out of date but still valid & would push the prices a tad higher. We are early & silverbugs will have to be patient.

Here's the big picture cover of CME physical gold cover. Fiat vs physical & how gold is evolving to Tier 1 status.

SGE silver premiums plunge

It appears this new addition to Exter's Pyramid is drawing interest. This version slightly improved. Listed are all commodities traded under futures markets that make up the backbone of our society. The Hierarchy of Commodities

Inflation adjusted gold & silver prices Almost there but a long way to go. :)

SHFE gold

Hard Money zerohedge.com/precious-metal…

SGE deliveries at 44.7 tonnes for the week.

And popped. And AU/AG ratio trending.

$4000 spot gold Everything else is a derivative

It's kinda exciting to know we are here & just departing.

Largest deliveries in my records for CME silver on First Trading Day with 11,692 contacts. vs July 2020 contract which had a FTD of 11,458 contracts. vs March 2025 contract which had a FTD of 10,119 contracts.

The golden carrot in front of gold. (Lurch Lynchpin) The more they print the more it rises. But today it's $6,700 & overshoot is $16,700. Tomorrow it is only higher. And all are broke & wanting to game the system. Pretend, print, reset & start again. It's a political game for fleecing the masses. The metrics shown in this chart were the rule of the day back prior to the 1930's when gold was money & fiat was a promise of gold to be returned. ie that the fiat promise was a temporary agreement to be settled soon in real money. Today we ponder? Whilst gold scurries higher. :) Do you have yours?

China's demand for April SGE 153 tonnes ETFs 64.8 tonnes SHFE 5.2 tonnes ?? Total = 288 tonnes Which annualized is 94% of world production.

Silver Sentiment Index

Back in 2000 I used to have a long term target of $5k, then over time I raised it to $8k which is where it conservatively sits now as per these two charts below. But this sec.gov/files/ctf-input-stau… And this nitter.app/KingKong9888/status/19… Makes me consider that if instead of debt destruction instead they turn to wanton fiat asset creation then gold will be entering a further exponential phase upwards to correspond. And as we have recently seen crypto seems the new asset that they are looking at pumping up the wazoo. Bubble Builders!!! This is not how KWave Winters end.👀

Russia adds a titch to it's gold reserves.

It's ALL about the buying up of gold & the market now is accepting that it's going much higher. The banks with their 3,500-4,000 targets are now being left in the dust with Jeffries coming out with it's 6600 target with potential M2 push out to 12,000 So the game is now out in the open re the banks & their bulling numbers. Now knowing that gold is going to double here just puts it into a grind of ever rising prices. Each individual buys in till he is spent but every day there's more buyers than yesterday as the masses learn what the banks have learnt. Gold has become a Giffen Good whereby Gresham's Law comes into play with Exter's Pyramid. That one sentence is such a powerful description of what is in play. And is dominating gold rising & continuing to do so. I smile & grin when I think that the banksters with their massive derivatives on gold/siolver are only waking up to this now. The shorts are trapped...

Something to watch? As a collector of data you notice these things. 👀 For the last week there's been no disclosure of physical ounces held for the following ETFs run by Blackrock/iShares where up to now they have been shown updated daily. IAU, SLV, SGLN, CGL.C, CGL, SVR.C, SVR, IGLD, IGLG, IAUM Perhaps it's a website issue to be resolved or perhaps their lawyers advised them so? Examples can be seen here. ishares.com/us/products/2395… ishares.com/us/products/2398… blackrock.com/ca/individual/… I have seen web issues like this before but generally fixed the next day. That said they show the NAV so their holdings can be estimated.

Slowly at first & then suddenly all at once.

Next leg up will be hot.

Imagine the sum of all the monster boxes of silver stacked & buried under beds across the world. I think stacker's across the globe have 1 billion to 2 billion in silver that most of will come to the market at the right price. And in the future I can see triple digit silver & not with a 1 in the front of it :) but that will take time & price. It will take a high price to exhaust that stockpile over time. And also consider the US needs to double it's power production & also renew it's grid to enter the digital AI age. As such base metal production needs to double up which will bring more silver ounces to the market. Plus once silver gets to triple digit numbers all those uneconomical pure silver plays come into vogue. Good times ahead & no shortages at the right price - just a reflection in the price due to the currency depreciation. Metals are not going up - purchasing power is dissipating.

Waiting for a gold reset which accompanies a debt reset & general valuations reset vs crazy levels current. It's long been a presumption that countries in debt stress look to reevaluating their gold assets - Jan Neiuwenhuijs has been writing about this for years. Also of note is that Trumps current ploy is to pull in wealth from the rest of the world via tariffs. So the tariffs on gold is a part & parcel of the gold revaluation event that's coming. It all comes back to Exeter's Pyramid & seeing that it's all a debt implosion where valuations fall down the pyramid to the bottom denominator. All of this is a process in motion. Now we know that gold's in a tight wedge waiting to move up - so there's anticipation there. There's been a lot of gold revaluation chatter of late There's been talk about getting gold higher as for a revaluation. There's been market timing advice for the last few months that looked at the August period. MA is looking at the August month. So the timing has kinda been expected. The tariff news on gold is likely the propellant that causes gold to rise off the current wedge with targets in the $4000 - $4500 zone. So yes I have been waiting in anticipation - but this is only part of the phase that is rolling out. In effect we are in a long term readjustment phase. It's not a static point but a rolling action & thus the breakout of this wedge is so exciting. Confirmations.

NUMBER GO UP The crack up phase at the end of the maniac bubble of all bubbles. The crack up phase is bought on by human emotion - it's a societal thing that few humans understand. And it is followed by a bust which is also not understood. In essence - we think assets are going up in value yet in realty the purchasing power value of fiat is imploding. So as the 'numbers go up' & people become euphoric over their fat profits they fail to realize/recognize that the internal structure has already started to crumble & fail. So in effect the crack up is actually a sign that everything is starting to come undone - yet so few understand. To see this in action implies that the destructive phase of the KWave Winter has begun. Yet people think we are heading into boom times. The dichotomy of reality that humans are blind to seeing. :) --- Real wealth growth is made through 'EFFORT' X 'TIME' to produce 'SURPLUS GOODS' which are sold & transferred into 'WEALTH' (we have seen this the last 2 decades with China.) Wealth is not created out of thin air by "NUMBERS GO UP" theology. This is why in the bigger picture of things I can see the old hegemon fading & the new hegemon rising. US >>> CHINA We are in the late stages of wealth being turning to financialization & magical multiplication of numbers that is not true wealth. It is visible when you look at the threads that make up the society & the country. As such when the bubble deflates such over priced assets will deflate. At the bottom of the coming great deflation it is prudent to keep spare capital available to make good of opportunities that only come along once in 3 lifetimes. :) Why Gold... :)

Imagine a world where wars have to be paid for in Physical Gold - no printing fiat. Would we have an peaceful world kept in balance through Gold?

It's one of the reasons why I came on X - so as to archive lots of my charts here for history. Retirement looms & so far no one to take my place. Need to find a new person who loves charts & data & the precious metals like I do. Someone with passion & dedication & who will work for peanuts. every day of the year. :)