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Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!

 
Don Draper from Nantucket
Too Late Too Late Will Be The Cry

User ID: 57553864
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11/24/2020 10:50 AM

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Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
[link to www.zerohedge.com (secure)]


As Crypto soars, non-digital-gold is plunging, with futures breaking below $1800 for the first time since July. Since the election and vaccine news, gold futures have crashed from $1960 to $1798..
PLATA BITCHEZZZZZZ



The Rolling Stones said it best...

"What's confusing you is the nature of my game"
Don Draper from Nantucket  (OP)
Too Late Too Late Will Be The Cry

User ID: 57553864
United States
11/24/2020 10:52 AM

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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
"The big question is, will gold find support at its 200DMA, or is this a systemic breakdown that ignores the future deficit-spending collapse of credibility in the global reserve currency?"
PLATA BITCHEZZZZZZ



The Rolling Stones said it best...

"What's confusing you is the nature of my game"
Anonymous Coward
User ID: 77659616
11/24/2020 10:58 AM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
They call that a crash?

In the crypto world, that is called lunchtime

Gold is so inflated too
Anonymous Coward
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11/24/2020 10:59 AM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
Interesting, considering that all goods and services have in reased since COVID.
Anonymous Coward
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11/24/2020 10:59 AM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
They call that a crash?

In the crypto world, that is called lunchtime

Gold is so inflated too
 Quoting: Anonymous Coward 77659616


it's not inflated it's just your dollar isn't worth as much you fool
Anonymous Coward
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11/24/2020 11:03 AM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
They call that a crash?

In the crypto world, that is called lunchtime

Gold is so inflated too
 Quoting: Anonymous Coward 77659616


You need to get financially educated, because your statement is ignorant as fuck.
Anonymous Coward
User ID: 77659616
11/24/2020 11:07 AM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
They call that a crash?

In the crypto world, that is called lunchtime

Gold is so inflated too
 Quoting: Anonymous Coward 77659616


it's not inflated it's just your dollar isn't worth as much you fool
 Quoting: Anonymous Coward 59007851


The supply and demand for other precious metals to satiate the technological demands of the electronics industry has made people realize gold is only as good as it’s usefulness in a future world where marriage is going to be outlawed because of climate change
Anonymous Coward
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11/24/2020 11:11 AM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
Wait until India goes into a dip, gold will crash hard, they hold a huge percentage.
Anonymous Coward
User ID: 77659616
11/24/2020 11:12 AM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
They call that a crash?

In the crypto world, that is called lunchtime

Gold is so inflated too
 Quoting: Anonymous Coward 77659616


You need to get financially educated, because your statement is ignorant as fuck.
 Quoting: Anonymous Coward 79649054


The mining industry is going to be next on the list after the oil industry is brought down by the EPA so lobbyists from SILICONE VALLEY can pay DEMOCRATS to nationalize under the guise of climate change no different than what Biden wants to do with the fossil fuel industry which means losses in the future until DEMOCRATS are finished destroying everything they touch that makes America great using fake crypto to feed their fake egotistical personalities as illustrated in the dichotomy that is the premise of this very thread

They call that a crash?

In the crypto world, that is called lunchtime

Gold is so inflated too
 Quoting: Anonymous Coward 77659616


it's not inflated it's just your dollar isn't worth as much you fool
 Quoting: Anonymous Coward 59007851


The supply and demand for other precious metals to satiate the technological demands of the electronics industry has made people realize gold is only as good as it’s usefulness in a future world where marriage is going to be outlawed because of climate change
 Quoting: Anonymous Coward 77659616
Anonymous Coward
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11/24/2020 11:14 AM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
They call that a crash?

In the crypto world, that is called lunchtime

Gold is so inflated too
 Quoting: Anonymous Coward 77659616


You need to get financially educated, because your statement is ignorant as fuck.
 Quoting: Anonymous Coward 79649054


The mining industry is going to be next on the list for the ECO COMMIE TERRORISTS after the oil industry is brought down by the EPA so lobbyists from SILICONE VALLEY can pay DEMOCRATS to nationalize under the guise of climate change no different than what Biden wants to do with the fossil fuel industry which means losses in the future until DEMOCRATS are finished destroying everything they touch that makes America great using fake crypto to feed their fake egotistical personalities as illustrated in the dichotomy that is the premise of this very thread

They call that a crash?

In the crypto world, that is called lunchtime

Gold is so inflated too
 Quoting: Anonymous Coward 77659616


it's not inflated it's just your dollar isn't worth as much you fool
 Quoting: Anonymous Coward 59007851


The supply and demand for other precious metals to satiate the technological demands of the electronics industry has made people realize gold is only as good as it’s usefulness in a future world where marriage is going to be outlawed because of climate change
 Quoting: Anonymous Coward 77659616
taternuts

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11/24/2020 11:25 AM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
gold isn't inflated, no one has any cash, so gold is selling lower, don't expect it to stay this low, wait till after the holiday season, the government is causing this with limiting the cash supply...the stockmarket cash isn't even used.
DarkStalker74

User ID: 22067365
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11/24/2020 11:28 AM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
Gold should have a nominal value, consistent with its industrial use. World economies should no longer be based on it.

It's looking like crypto (Bitcoin specifically) might be next in line.

Money evolves like everything else... just very, very slowly.
Anonymous Coward
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United States
11/24/2020 11:29 AM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
Don't be surprised if they link Gold to Crypto here very soon.
BRIEF

User ID: 79662918
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11/24/2020 11:30 AM

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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
DOW 30,000!

NADAQ 12,000!!
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
siwy

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11/24/2020 11:32 AM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
I think options expiration is tomorrow so typical shenanigans to smack down the price... should rocket back up soon...
Anonymous Coward
User ID: 79588229
United States
11/24/2020 11:33 AM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
No thanks. Bitcoin is gold of the future that can easily be transferred and traded anywhere in the world. have fun using your gold bars to trade.
Anonymous Coward
User ID: 78341333
11/24/2020 11:35 AM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
Gold should have a nominal value, consistent with its industrial use. World economies should no longer be based on it.

It's looking like crypto (Bitcoin specifically) might be next in line.

Money evolves like everything else... just very, very slowly.
 Quoting: DarkStalker74


Gold is found to play a role in joint health and electrical signals of the human body. Every human has real pure gold in their body that amounts to something like a .22 mm cube.

[link to www.gold-traders.co.uk (secure)]
Anonymous Coward
User ID: 72515834
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11/24/2020 11:35 AM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
They call that a crash?

In the crypto world, that is called lunchtime

Gold is so inflated too
 Quoting: Anonymous Coward 77659616


You need to get financially educated, because your statement is ignorant as fuck.
 Quoting: Anonymous Coward 79649054


The mining industry is going to be next on the list after the oil industry is brought down by the EPA so lobbyists from SILICONE VALLEY can pay DEMOCRATS to nationalize under the guise of climate change no different than what Biden wants to do with the fossil fuel industry which means losses in the future until DEMOCRATS are finished destroying everything they touch that makes America great using fake crypto to feed their fake egotistical personalities as illustrated in the dichotomy that is the premise of this very thread

They call that a crash?

In the crypto world, that is called lunchtime

Gold is so inflated too
 Quoting: Anonymous Coward 77659616


it's not inflated it's just your dollar isn't worth as much you fool
 Quoting: Anonymous Coward 59007851


The supply and demand for other precious metals to satiate the technological demands of the electronics industry has made people realize gold is only as good as it’s usefulness in a future world where marriage is going to be outlawed because of climate change
 Quoting: Anonymous Coward 77659616

 Quoting: Anonymous Coward 77659616


You don’t know history or what the future holds.

That’s ok. But you will be poorer for your lack of knowledge.
Anonymous Coward
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Canada
11/24/2020 11:37 AM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
Paper dump and now Dec Comex is more than $3 below spot so no one will ask for good delivery. Try and buy physical for spot though. Impossible. Show me where to actually buy physical gold anywhere near spot.
Anonymous Coward
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11/24/2020 11:45 AM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
No thanks. Bitcoin is gold of the future that can easily be transferred and traded anywhere in the world. have fun using your gold bars to trade.
 Quoting: Anonymous Coward 79588229


rere23
Beyond

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11/24/2020 11:48 AM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
Gold should have a nominal value, consistent with its industrial use. World economies should no longer be based on it.

It's looking like crypto (Bitcoin specifically) might be next in line.

Money evolves like everything else... just very, very slowly.
 Quoting: DarkStalker74


"In theory, people can eat as much gold flakes, dust or salts as they like without getting ill, it’s like any food though, stomach aches are likely to be the result of excess eating. Edible gold has an E Number, which is E175 and is widely recognised as a food additive.
Reference: www.physicalgold.com/insights/health-bene…"


Last Edited by Bankroll on 11/24/2020 11:49 AM
Not anutter cig nature.
The Årtist

User ID: 73810291
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11/24/2020 11:52 AM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
Keep holding on to that outdated store of value! My investments are up over 2300% this year.
RAGE
Alchemike

User ID: 73977045
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11/24/2020 12:23 PM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
More and more money that has been in Gold will move into Bitcoin.
That is what we are seeing...transfer of wealth from PMs to crypto and BTC in particular.
white walks red...
Anonymous Coward
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11/24/2020 12:43 PM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
They call that a crash?

In the crypto world, that is called lunchtime

Gold is so inflated too
 Quoting: Anonymous Coward 77659616


You need to get financially educated, because your statement is ignorant as fuck.
 Quoting: Anonymous Coward 79649054


The mining industry is going to be next on the list after the oil industry is brought down by the EPA so lobbyists from SILICONE VALLEY can pay DEMOCRATS to nationalize under the guise of climate change no different than what Biden wants to do with the fossil fuel industry which means losses in the future until DEMOCRATS are finished destroying everything they touch that makes America great using fake crypto to feed their fake egotistical personalities as illustrated in the dichotomy that is the premise of this very thread

...


it's not inflated it's just your dollar isn't worth as much you fool
 Quoting: Anonymous Coward 59007851


The supply and demand for other precious metals to satiate the technological demands of the electronics industry has made people realize gold is only as good as it’s usefulness in a future world where marriage is going to be outlawed because of climate change
 Quoting: Anonymous Coward 77659616

 Quoting: Anonymous Coward 77659616


You don’t know history or what the future holds.

That’s ok. But you will be poorer for your lack of knowledge.
 Quoting: Anonymous Coward 72515834


Again this is based off of the premise that Biden is allowed to steal the election no matter how you try and spin it
Anonymous Coward
User ID: 77659616
11/24/2020 12:47 PM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
...


You need to get financially educated, because your statement is ignorant as fuck.
 Quoting: Anonymous Coward 79649054


The mining industry is going to be next on the list after the oil industry is brought down by the EPA so lobbyists from SILICONE VALLEY can pay DEMOCRATS to nationalize under the guise of climate change no different than what Biden wants to do with the fossil fuel industry which means losses in the future until DEMOCRATS are finished destroying everything they touch that makes America great using fake crypto to feed their fake egotistical personalities as illustrated in the dichotomy that is the premise of this very thread

...


The supply and demand for other precious metals to satiate the technological demands of the electronics industry has made people realize gold is only as good as it’s usefulness in a future world where marriage is going to be outlawed because of climate change
 Quoting: Anonymous Coward 77659616

 Quoting: Anonymous Coward 77659616


You don’t know history or what the future holds.

That’s ok. But you will be poorer for your lack of knowledge.
 Quoting: Anonymous Coward 72515834


Again this is based off of the premise that Biden is allowed to steal the election no matter how you try and spin it
 Quoting: Anonymous Coward 77659616


Oh and I forgot to mention that one time when the US GOVERNMENT actually seized gold from the citizenry on an industrial scale which means the legal precedent already exists from almost a century ago proving you geniuses haven’t learned our own history which means we are doomed to repeat it as you have proven by attacking me
Don Draper from Nantucket  (OP)
Too Late Too Late Will Be The Cry

User ID: 57553864
United States
11/24/2020 12:48 PM

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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
Keep holding on to that outdated store of value! My investments are up over 2300% this year.
 Quoting: The Årtist

Well bravo you must be living large then eh?
PLATA BITCHEZZZZZZ



The Rolling Stones said it best...

"What's confusing you is the nature of my game"
Don Draper from Nantucket  (OP)
Too Late Too Late Will Be The Cry

User ID: 57553864
United States
11/24/2020 12:49 PM

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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
More and more money that has been in Gold will move into Bitcoin.
That is what we are seeing...transfer of wealth from PMs to crypto and BTC in particular.
 Quoting: Alchemike


I agree, but paper only!

Last Edited by The Don Of Nantucket on 11/24/2020 12:49 PM
PLATA BITCHEZZZZZZ



The Rolling Stones said it best...

"What's confusing you is the nature of my game"
Anonymous Coward
User ID: 78349802
United States
11/24/2020 12:54 PM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
...


The mining industry is going to be next on the list after the oil industry is brought down by the EPA so lobbyists from SILICONE VALLEY can pay DEMOCRATS to nationalize under the guise of climate change no different than what Biden wants to do with the fossil fuel industry which means losses in the future until DEMOCRATS are finished destroying everything they touch that makes America great using fake crypto to feed their fake egotistical personalities as illustrated in the dichotomy that is the premise of this very thread

...

 Quoting: Anonymous Coward 77659616


You don’t know history or what the future holds.

That’s ok. But you will be poorer for your lack of knowledge.
 Quoting: Anonymous Coward 72515834


Again this is based off of the premise that Biden is allowed to steal the election no matter how you try and spin it
 Quoting: Anonymous Coward 77659616


Oh and I forgot to mention that one time when the US GOVERNMENT actually seized gold from the citizenry on an industrial scale which means the legal precedent already exists from almost a century ago proving you geniuses haven’t learned our own history which means we are doomed to repeat it as you have proven by attacking me
 Quoting: Anonymous Coward 77659616


That was back when the dollar was backed by gold. It's backed by oil now.
Anonymous Coward
User ID: 77659616
11/24/2020 12:59 PM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
...


You don’t know history or what the future holds.

That’s ok. But you will be poorer for your lack of knowledge.
 Quoting: Anonymous Coward 72515834


Again this is based off of the premise that Biden is allowed to steal the election no matter how you try and spin it
 Quoting: Anonymous Coward 77659616


Oh and I forgot to mention that one time when the US GOVERNMENT actually seized gold from the citizenry on an industrial scale which means the legal precedent already exists from almost a century ago proving you geniuses haven’t learned our own history which means we are doomed to repeat it as you have proven by attacking me
 Quoting: Anonymous Coward 77659616


That was back when the dollar was backed by gold. It's backed by oil now.
 Quoting: Anonymous Coward 78349802


Yeah which is why I stated Biden is targeting the oil industry first and then the mining industry again under the auspices of CLIMATE CHANGE but keep pretending like there isn’t a historical legal precedent that happened during the last SHTF situation America faced during The Great Depression and this will be no different

For those of you buying up gold in anticipation of economic collapse, you're going to find yourself screwed when TSHTF. You need to learn about history. Gold Confiscation Of April 5, 1933 after the Great Depression. Read about it and learn that that the government can take all your fucking gold away and pay you pennies on the dollar for it. This WILL happen again.
 Quoting: Anonymous Coward 394959


Thread: Government Confiscation of Your Gold

Thread: Governments may make private gold ownership illegal
McDonald Trunalimunumaprzure

User ID: 78998868
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11/24/2020 01:17 PM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
Keep holding on to that outdated store of value! My investments are up over 2300% this year.
 Quoting: The Årtist


Lots of claims about crypto, yet never any proof that people actually hold.
Butthurt? Click 'Add to Ignore List' under my username

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McDonald Trunalimunumaprzure

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11/24/2020 01:18 PM
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Re: Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
Gold should have a nominal value, consistent with its industrial use. World economies should no longer be based on it.

It's looking like crypto (Bitcoin specifically) might be next in line.

Money evolves like everything else... just very, very slowly.
 Quoting: DarkStalker74



Best medium of control is a digital currency.
Shut the power and you are broke.
Butthurt? Click 'Add to Ignore List' under my username

Si vis pacem, para bellum

VACCINES ARE THE LEADING CAUSE OF COINCIDENCES
'Your user name here makes me want to punch you in the fucking face, you sick fucking diseased cunt'
Quoting: Anonymous Coward 8100888





GLP