In case you missed this past weeks action we bring you the headline news, Gold surpasses the $2100 mark with vengaence.
Gold price above $2,100, the market is just getting started – Jesse Felder
(Kitco News) – The gold market is seeing solid follow-through buying activity following last week’s record closing price. The precious metal has pushed above $2,100 an ounce, and according to one market analyst, it has room to run.
In an interview with Kitco News, Jesse Felder, founder of the Felder Report, said he has been looking for gold to break to the upside as the price action has generated some very bullish technical patterns.
“Gold is forming consistent bullish flag patterns. The price spikes higher, consolidates for a period and then we see another price spike higher. Gold has been looking to break higher for a while now. From a purely technical standpoint, it looks to me like there’s a projected target of a couple hundred dollars higher for gold in the short term, but longer term, we’re looking at $2,700, $2800, perhaps over the next year or two. Technically, gold just looks very, very good.”
You may have noticed that the price of gold has surged with the debt clock ticking away toward $35,000,000,000,000 (35 trillion). Click here for the Live Debt Clock.
December Post Below
In case you are afflicted by the Joe Biden Mad Cow disease (bovine encephalopathy) we will enlighten you this Christmas. Gold has been hovering around the $1950 to $2000 range for the past month. The United States Deficit is about to breach the $34 Trillion mark. What does this tell you? 
First off is that the interest paid on the debt is soon to reach over $1 trillion a year if it has not already. In a slim dozen years the interest on the debt will be close to $3 trillion dollars; this is not small change. In fact there will be little left for any of today’s programs sans Social Security and Defense. Do you get what we are talking about here? You better because time is wasting.
Back in the day the Weimar Republic went on a spending spree, AKA printing money with abandon. One mark turned into 500,000,000 marks after the printing was complete. Same now for the United States. You don’t have to look far to see the results; Inflation has roared its ugly head from every crevice it could find. Take wages for example, they are going up, up and up. Workers have had it, they no longer will take being the patsy.
May 2023 Post follows
There is no way out. The government clock is ticking away, the interest rate is rising in tandem, budget deficits are spiraling out of control, mirroring the United states as a whole.
https://www.usdebtclock.org/
31.6 trillion dollars at last count, spiraling out of control. Printing presses operating 24/7 three hundred sixty five days a year, spraying ink on fiat paper that in terms of today’s dollars will never be paid back, no matter what the pols say.
Your only salvation is to turn those extra green- backs into gold, bury them somewhere, in a clandestine location so the government can’t get their hands on them, like they did in 1933. Remember, the hand of Big Govt is long and strong.
“REVOLUTION IS THE SOLUTION”
The mini banking crisis (SVB biting the bullet, joined by ) this fortnight ago was a bump in the road. There was no problem here for the ordinary man; all of those who lost their money were Democrats. So Sorry! Funny thing though, the BOD consisted of liberal pundits who shoved millions into Democrat campaigns, only one breathing human was from the banking industry. Go figure?
And who will pay for the implosion? Everyone! Goes to show you that the liberal elite will always level the playing field by socializing the losses. Socialism to them as quoted by Karl Marx, “From each according to his ability, to each according to his needs”
Blog post from one year ago
