Analysis of the reason gold/silver/cryptos down yesterday/today -
Friday - 2 Banks fail in Italy - taken over by the government - they don't want Italians looking to AG/AU for a safe haven where to store their cash that they are withdrawing from those banks , almost the same happened when Banco Popular failed in Spain - probably same reason cryptos down today - big controlled money selling to make it look like crytpos also aren't a good place to put your money either -and if you don't think there is not any printed fiat put in by these institutions in cryptos just for days like this then....
Look at the charts - no limit sell orders at the same exact time/percentage for gold silver at a moment that could not be anymore bullish for precious metals
Anyone else think Home Capitl grp in Canada bailed out by Bufft not a head fake?
My analysis - most successful known investor of all time is forced/coerced to buy into a failing company for that illusion that its still a good investment - think about what may have happened to general public if they knew the gov bailed out huge failing home lender- deja vu (2007)
photo credits - goldprice org
Good analysis.
TY
Interesting article and view of the current situation! I will be following your posting
Thanks! This is the first time I am ever blogging in my life but I noticed it gives me a little sense of calm after i spill something and in this case ,the details of the crimes committed by these institutions. I will continue to analyze more,post, and I will follow you as well.
Sounds great, it is good to have open mind and view different things critically. I agree, the banking system nowadays is not for the people, it basicly makes money for the people at the top. Looking forward for your posts!