They Don’t Have The Gold For This Takedown, All Eyes On The Dollar, Plus Collapsing Confidence

September 19, 2022

They don’t have the gold for this takedown as all eyes remain watching the US dollar, plus collapsing confidence.

They Don’t Have The Gold For This Takedown
September 19 (King World News) – Garic Moran:  Does anyone honestly believe New York & London have enough physical Gold to supply the global demand that will explode at $1650?

Own Physical While You Can Still Get It
Graddhy out of Sweden:  Physical gold, silver and platinum should be your base line in these historical times. Gold is insurance and other 2 plus miners for speculation. Real physical you can touch comes first, then very selected non-bank vaulted services. Direct ownership is a MUST, no financial paper products…

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ALERT:
Powerhouse merger caught Rio Tinto’s attention and created a huge opportunity in the junior gold & silver space CLICK HERE OR ON THE IMAGE BELOW TO LEARN MORE.

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All Eyes On The US Dollar
Nautilus Research:  Keeping an eye on the US Dollar Index …. (intersection of parallel channels.)

US Dollar Index At A Major Intersection:
On The Road To 120 Or Pulling Back?

Collapsing Confidence
Peter Boockvar:  The September NAHB home builder sentiment survey saw its index fall another 3 pts m/o/m to 46 after dropping by 6 pts in August, 12 in July and in the 6 months prior. It’s now declined each month this year not surprisingly considering the steep rise in mortgage rates on top of the sharp home price increases. The estimate was 47.

Homebuilder Confidence Collapses To 2nd Lowest Level Since 2014!

Present conditions fell 3 pts to 54 while the Future outlook was down by 1. Of note too, Prospective Buyers Traffic dropped by 1 pt to just 31 with the reminder that 50 is the breakeven point between up and down.……more here

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