Sunday, January 29, 2017

Signal or deception? Lady Rothschild tweets that gold is set to go higher

There are interesting dichotomies when it comes to investing, and often it can depend on which source one follows.  For example, entrepreneur and wealth coach Robert Kyosaki advocates that if you want to be rich, do what the rich do.  Yet on the other side of the token if you are a client of top investment bank Goldman Sachs you often receive tips and information that will make you lose money since the bank itself regularly bets against the advice they give to their customers.


So with this in mind it was rather interesting this evening when we noticed that Lady De Rothschild had tweeted out two days ago that gold is poised for a rebound and why it should go higher.
And yes, this is the same Lady De Rothschild that is part of the global banking dynasty, and close friends with Hillary Clinton.

In addition to the tweet, Lady Rothschild also cited an article by CNBC which forecasted that gold should have a pull back here at the end of January due to what is known as Quad Witching (options expiration, Fed FOMC meeting, Jobs Report, and China being off due to the week long Chinese New Year).
With the Lunar New Year holidays starting in China on Friday and markets closed next week, demand for gold will see a decline, the report said. Gold prices have drifted down a bit ahead of the Chinese festival. The precious metal is trading nearly 8 percent higher over a 12-month period but is down more than 6 percent since the U.S. elections. 
"We think gold's performance, as the typical Q1 seasonal demand fades, should provide a good gauge of investor sentiment towards gold at this point." - CNBC
One thing that is always certain regarding given advice no matter from which quarter of the market it comes from... the elite are always ahead of the game when it comes to buying investments and quite often will only drop hints on what they believe assets will do only after they already have bought their desired stake in the stock, bond, or commodity they believe (or wish) will go higher.

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