insider diam diam sapu from below, technical chart show a big flat cup in the making for almost a year, 38% Turnover of stock happen within these recent 2-3days, Volume alot but price is not heading up much, it is a signal insider are accumulated stock at lower price, hold on a bit while the price seek break tru cup and handle shape in technical chart.
FED has not much option left, either to raise the interest soon to kill the inflation, but it might cause the hard landing of US Stock & Recovery of business, contrary if not raising the interest, the inflation is going up too fast, look at their recent announce CPI, 10Year bond rate, all are pointing of sign of a bit lost control of inflation, further more, US planning to do Mega project to boost economy, look at their Lumber price now in historical sky rocket high, not to mention China already hike raw and steel export tax, China planning to kill USD using inflation, & no 1 can do anything about this. Gold is currently back by all countries central bank, they keep accumulating gold reserve, what do you think those economic elite are trying to do? U can learn a bit of history lesson when US being smash by disaster inflation during 1970, it happen before! This time might be worst ever. People will be panic & buying gold, as all the currencies is squashing due to inflation.
FMCO only in Malaysia, Gold price is Global scale, the rest of the world is in the mid of going back to normal after vaccine, what worried economist is the coming massive inflation or hyperinflation, how to lower or kill the inflation? try think whether any country capable of doing that 'together' such as hike interest rate & tax? No, because so many countries are not even recover yet. So inflation will be a looming problem now & soon. Do u think heaven wait for us after vaccine? Try Google what happen to US during their 1969-1970, History always repeat, but seems US has razor thin margin this time, & Biden just announce a 6trillion budget plan few days back, if congress approve, this will again diluted USD, Gold will be higher everytime USD down.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
stockhunter888
68 posts
Posted by stockhunter888 > 2021-05-26 19:09 | Report Abuse
Fold have above 1900...tomolo up or not?