News, analysis and commentary for gold traders and investors

"Be Right - Sit Tight"

Jesse Livermore
Gold Market Wire... Gold Market Wire... Gold Market Wire
Gold Market Wire... Gold Market Wire... Gold Market Wire
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Gold Market Wire

News, analysis and commentary for gold traders and investors

Gold Market Update

Gold Charges through $1700 as Global Stock Markets Fall Sharply

April 13, 2020 - (Gold Market Wire) - The forces of separation we discussed earlier today are coming to the fore of the market as equities fall and Gold surges. This is Gold and equities moving in opposition and Gold's rally is set to become very powerful as a result.

The main force behind this rally is the ever-increasing fear that there has been a political dimension to the Covid-19 crisis that is making people doubt those whom they thought were competent medical experts. Equally, the public is now doubting that officials had the general public health as their primary concern in their conduct of handling the crisis.

As the estimated death rates collapse with the cold light of dawn, the population of the western world, and especially America, is beginning to sense that the response to the virus has been mismanaged at best, and at worst was some sort of political plot to destroy the economy and thereby unseat Donald Trump as President.

Anecdotal evience by US medical professionals is starting to emerge that supports both facets of the argument.

In such a scenario the public trust of both government and the mainstream political establishment, along with the Mainstream Media and individuals like Bill Gates - who has advocated a vaccination program that the medical world is seriously challanging - has been gravely damaged.

The loss of public trust is now palpable. Reports are emerging that appear to support a politicization of the Covid-19 crisis that borders on conspiracy theory.

In such an environment Gold is likely to move sharply higher.

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