Gold gets the best chance to break past $1855 by tomorrow. Silver will rise quickly if it manages to trade over $23.00 today to $24.60 and more. Crude oil will see another wave of rise if it manages to trade over $93.90. Till then it will trade in $87.70-$94.90 wider range.
At the end of the day the Ukraine crisis is all about energy war and food war. Biden has said that it will shut down “Nord Stream 2” gas pipelines from Russia to Europe. Ukraine is also the largest wheat producer in the world. USA will be able to control global food prices by invading and controlling Ukraine. Shale gas producers will be funding Biden in this year’s US Senate elections to supply natural gas to Europe at an exorbitant price. Soros has funded Biden in his presidential campaign. Soros continues to fund Biden. Biden is indirectly a puppet of Soros. Soros has said that he wants a regime change in China away from communism. Biden has obliged the same by exerting all kinds of pressures on the Chinese communist regime so as to cause mass unrest in China in the future. Why am I discussing politics? Politics is behind every major decision in the world. The common man always gets conned by the mirage of the capitalist system of democracy. If we are able to understand the real political motive behind every major decision then we can make better medium-term to long-term investment decisions. The world is going through a major political change. Asia and Europe are just a colony of the NATO empire. If any nation is a part of NATO then the nation loses its Independence to NATO. Democratically elected political leaders are just pawns of NATO leaders. The only way to hedge ourselves against NATO slavery is to increase investment in physical gold and physical silver.
Spot Gold:
- Gold has to trade over $1813.10 to rise to $1844.90 and $1869.70.
- Overall gold is bullish as long as gold trades over $1806.00.
NYMEX CRUDE OIL (March 2022) - current market price -- $91.30
- There is a big long term resistance between $93.86-$98.60 zone.
- Crude oil needs to break and trade over $93.96-$98.60 zone to rise to $112.20 and all time high of $147.27.
- Crude oil will crash to $79.20 and $72.00 just in case it does not break $93.96-$98.60 zone in the next two weeks.
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