It is not that the psyop does not have some value. The issue is that it is just so low of value it is only a distraction almost value in return.
I am not supporting anything just commenting on what I see.
This is what is hard to justify is all I believe of course I do not know the whole story as I do not get any real news. Anything is almost like just so unrealistic that it can’t be believe these days is all.
It is just like I can’t believe how long non realistic news is taking place now.
If real this is a psychological point if gold raises that high is all gold went up like 300 dollars people this is lagging in my mind more realistic it should be at 135 if gold is there it is just a mental barrier if any of this is real is all ok
You look again at what like the value in ratio which it should be less then 70 to 1 do to cost ok
So it is correcting some as 5600/120 is about
46 to 1 this shows the over all cycle is braking but could be bs numbers as well too is all ok.
This is where it is not out of the question it should be at 16 to 1 at lest is the issue due to mining cost or things. In reality it could be more 1 to 1 or at lest 7 to 1 so to speak is all.
It will end up like Rhodium as it goes up in value so to speak. It is more like industry uses is why. This is now kinda like what also happened to palladium as well when it is used more in converters. Gold does not have the industry demand is the difference is all ok it will hold some value of course but I just think people underestimate the industrial value of Silver is all this is now showing is all.
By all means if you think the 70/1 ratio is correct so to speak which it was for years.
This would mean gold should be at 8500 about give or take is all. So then it is not bad either way but I think the ratio is being broken in this respect now so it is likely that Gold will do well but not quite the same in my opinion is all.
I think everyone should have a little is all ok. I am not responsible for your investing so to speak consult a professional ok.