Gold smackdown nearing end but not bitcoin

Folks, in my last post about a week ago, I mentioned that the gold smackdown has begun and it surely did. At this point it has reached at the bottom of the $1385-$1485 channel. Any downward below movement below this level will force it to go down below $1362 and after that at $1285 which is the strong support.

That is not the case for Bitcoin though. The take down is just beginning and it will continue for another 30 days and after that it is going to yield a yield beyond your wildest imagination somewhere around March 2021.

Time for now, however, is stock on beans, bullion, bullets and bible.
As always, be prepared and be safe.