Carlos, My Friend, directed me to this presentation after my last blog on the parabolic rise.
“Men go mad in herds as they only recover their senses one by one.” I have believed that gold would move to levels of a bubble and felt like it might go as high as $40,000 per ounce. To balance the US balance sheet, the gold holdings would need to be currently valued at $12,400, not a bubble valuation. The suppression of gold prices has caused the price to slow down in its ascent on the curve. If you are invested, it is critical to be able to hear Our Heavenly Father when to sell. Otherwise, you will hop off the curve at the wrong time:
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