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Gold & Fiat Dependence Day

Stewart Thomson
email: stewart@gracelandupdates.com
email: stewart@gracelandjuniors.com
email: admin@guswinger.com

July 6, 2021

  1. Should American Independence Day be renamed Fiat Dependence Day?

  2. Please click here now. The United States is no longer united. Arguably, the only unifying force that remains amongst races and political parties… is worship of the fiat money voodoo doll.

  3. In 2019 I warned that in 2020-2021, a vicious virus cycle would shock the world.

  4. In the ghoulish Corona wake, I have suggested that in 2021-2025, an even more ominous “dual war cycle” (both civil and global) could follow.

  5. The ill-preparedness of citizens for germ and physical warfare almost certainly relates to their lackadaisical endorsement of government fiat money.

  6. A debt mentality allows citizens to engage in “woke joke” debates, flag fights, etc. The main problem, fiat money, is never addressed, so it gets worse. The US nation stays relatively intact only so long as the lifeblood fiat being printed and borrowed does not create hyperinflation.

  7. I urge the gold community to consider using national government holidays to embrace their own independence from fiat, debt, and government. The bottom line:

  8. Not only do gold bugs need to be their own central bank; they may need to be their own nation too!

  9. Please click here now. Double-click to enlarge this horrifying big picture chart of US fiat versus gold. My suggestion is to view it regularly.

  10. Please click here now. Double-click to enlarge this Nasdaq stock market signals chart.

  11. It is very important to systematically buy core positions (in any major asset class) during significant price weakness and sell some of them into significant strength. I bought core positions in the US stock market in 2008, 2011, and in 2020.

  12. Significant stock market strength is here now. My chosen path is to gradually sell about 35% of my stock market holdings in July and August, and then move the proceeds into crypto and gold (private money).

  13. Please click here now. Double-click to enlarge this fabulous space ETF chart. I plan to focus on the space industry with a third of my remaining stock market holdings and trade the short-term moving average signals on the Nasdaq “Q’s” with the rest.

  14. The colonization of the Moon and Mars, and the monetization of space itself, will likely be done with private money (gold and crypto). It will happen much faster than most investors realize.

  15. I will talk more about both the space industry and gold-oriented space money soon.

  16. Please click here now. Gold looks fabulous this morning, and the breakout over $1800 that I have urged investors to cheer for… is here!

  17. Gold looks good and the miners look better. It’s only a matter of time before gold and silver stocks begin to trade more like oil stocks.

  18. Meaning, when there is a swoon in the bullion price, the miners can keep rising so long as they remain cash cows.

  19. Please click here now. Double-click to enlarge this daily GOAU chart. I’m not overly concerned about the sell signal on the key 20,50 moving averages. Here’s why:

  20. The sell signal comes during the formation of a right shoulder of an inverse H&S pattern. Also, moving averages are not lead indicators. They lag.

  21. Note the buy signal on the 14,7,7 Stochastics series. That’s a lead indicator and it looks great!

  22. From a fundamental perspective, what would produce a surge in GOAU over the neckline of the H&S patten?

  23. One answer is almost certainly the return of Indian demand, which is likely in August.

  24. Another would involve the US inflation that money managers thought wouldn’t happen and is now viewed as “transitory”. Some analysts are concerned that the inflation is here to stay. If that concern spreads, gold stocks will surge!

Thanks!

Cheers
st

July 6, 2021
Stewart Thomson
Graceland Updates
website: www.gracelandupdates.com
email for questions: stewart@gracelandupdates.com
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Stewart Thomson is a retired Merrill Lynch broker. Stewart writes the Graceland Updates daily between 4am-7am. They are sent out around 8am. The newsletter is attractively priced and the format is a unique numbered point form; giving clarity to each point and saving valuable reading time.

Risks, Disclaimers, Legal
Stewart Thomson is no longer an investment advisor. The information provided by Stewart and Graceland Updates is for general information purposes only. Before taking any action on any investment, it is imperative that you consult with multiple properly licensed, experienced and qualifed investment advisors and get numerous opinions before taking any action. Your minimum risk on any investment in the world is 100% loss of all your money. You may be taking or preparing to take leveraged positions in investments and not know it, exposing yourself to unlimited risks. This is highly concerning if you are an investor in any derivatives products. There is an approx $700 trillion OTC Derivatives Iceberg with a tiny portion written off officially. The bottom line:

Are You Prepared?

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