The Coming Gold SELL-OFF – The Gold buying opportunity of a lifetime, all signs point to economic DEFLATION – August 11, 2021,

My charts show that people that fiat hyperinflation has already started, but it’s going to accelerate quite possibly in December if all the current trajectory remains as it is today. Based on current debt levels and the market demand for depreciating fiat money, which is already not aligned with the true cost of labour in U.S dollar terms, all hell is going to break loose and by that, I mean physical cash might be hard to come by in the private sector and if the government can’t borrow money and send it out to people, you’re going to see a contraction in the economy, which is going to result in a lot of entities and people assuming that an interest rate hike is imminent.

Do I think The Federal Reserve is going to raise interest rates? my charts show that it doesn’t even matter, the private sector is headed for a damned if I raise prices and I’m damned if I don’t. The economy needs to go bankrupt and the data shows that a large chunk of the market is going to misread the data.

As I like to point out, a lot of people are still operating as if the U.S dollar is backed by Gold, when it’s not, if the U.S dollar is backed by anything it’s ENERGY, namely oil and Joe Biden via his existing economic policies is putting every industry in a position to charge more for doing less, this SCREAMS economic Deflation, which will need to be papered over with fiat money.

But you see, if you’re going to play the cheap money game, you’d better cut the markets some slack, give the markets a nugget or two, you see a carbon credit has no immediate benefit and we still do not know if this green economy is achievable furthermore this climate credits scheme is for Wall Street, it completely ignores Mainstreet.

Energy profits namely money paid via oil investing is almost immediate, most of my oil stocks pay me a monthly or quarterly dividend, some of my investments in real estate send me cash flow, Gold on the other hand is my inverse market play and the reason my precious gets beat up in the fiat markets is that everyone knows what a spike in the price of Gold means… DEFLATION!

The markets hate the idea of honest money and will misinterpret the coming data. To be perfectly honest, I’m shocked how good the U.S dollar has held up, but I shouldn’t be because the truth is that most Western countries are engaging in more economic regulations than I had imagined a few months earlier.

Canada just issued Covid-19 passports, which is a REGULATION/TAX on the economy, when the government enacts regulations, human behavior changes, some jobs just aren’t worth the posted wage, and the downside to Leftist politics is that the more the politician promises in welfare, the fewer people there will be available in the labor pool.

Compounding the aforementioned problem is the importing of cheap labor because the cheap labor arrives for the welfare. Most people DO NOT emigrate to a new country to work harder. Most people emigrate to a land they assume is flowing with milk and honey.

If you listen to most Politicians, they’re often ‘compassionate’ with other people’s time, labour and money, meaning that after a new immigrant arrives in their new country, said immigrant can immediately start consuming existing welfare benefits, which ultimately equates to ECONOMIC deflation.

But make no mistake about it, deflation is going to be misinterpreted by most people because prices in fiat dollars are going to go up and there’s a chance the governments of the world will send out more borrowed money to their citizens, so depending on what date the data is delivered to the media, the data might read positive fiat money based economic growth.

When this Gold buying opportunity occurs I don’t think it happens again, I think when the price drops for a few days, it doesn’t drop again, by dropping I think we could see $1400 may be lower, once it becomes apparent that the gold shelves are bare with all the potential buyers, I foresee Gold marching upwards until interest rates are forced up, at which time the economy collapses and interest rates keep going up until normalized.

Or maybe the idiots in charge destroy themselves by bypassing the private banks and sending people central bank digital money. Why I don’t think this is likely is because if you step back and think about it, most BUSINESS people hate being tracked by the government and this move will disincentivize business people from participating in the economy. I like to remind people that U.S dollar is currently weaponized and a lot of European countries’ entire welfare States are dependent on the U.S dollar.

This brings me to Bitcoin, Regarding Bitcoin, anything can happen the trend with Bitcoin appears to revolve around Fed “money printing”, the charts appear to show that Bitcoin begins rising in concert with the potential of the U.S government sending Americans free checks for doing nothing.

But just know that crypto is a derivative of fiat money, so don’t imagine it replacing the dollar, if the dollar goes, nobody in their right mind is going to be a slave to the Bitcoin network. People with cell phones in poor countries are already bartering and they have bitcoin as an alternative option to the US dollar, it’s not just old people it’s young people who see technology as a means to have their actions tracked and traced.

If you live in a poor county and there’s the potential that the government can find you based on your bitcoin transaction, people will and businesses will avoid using it. People have to understand that the government can’t put a cost on Gold or Silver. Prior to digital fiat money, most small business people preferred being paid in cash, because cash is decentralized and I can buy things with it, like jewelry as an example that I only wear during special occasions.

So if you’re going to bet on crypto do so knowing its potential limitations.

Interesting times ahead!