The Young Pretender
@Dioclet54046121
Today is the terrible day the FED needs to choose its poison. It is entombed in concrete, with no way out.
IF the FED cuts rates today, it will be a gigantic surprise for the markets, which might catalyze the #gold price to skyrocket, plunge, or do nothing much.
This is a good expectation. 0.25% disappoints the market, and gold therefore sells off.
#Silver is behaving exactly as I would expect it to behave on FED day, selling the rumour, before selling the news.
30 minutes to go until DEFCON 1, and all is quiet.
73% will in fact not be disappointed today since they are already expecting disappointment. Expectation management is the shortcut to happiness.
The #gold price very clearly needs to be contained right up until the volcano erupts at the designated moment.
And today was not the designated moment!
The monetary reset is far more than just a volcano.
The #gold price being tightly contained to allow central banks and others to drain the LBMA and Comex on equitable terms prior to the monetary reset, imho.
We must always remember that the gold price is not organic. It is politically controlled at a very high level, above party politics.
This is something TAs will only grasp after the monetary reset has finally made them fully-fledged ex-TAs.
When #gold does finally revalue at the monetary reset, it will not be an organic move. It will be sudden and all-at-once ie overnight or over-weekend.
With today’s significant FOMC event, we are learning more and more about how it will be with #gold. Ignore any TA BS about an organically rising bull market. The revaluation will be a one-time and instant event.
