Collapse of financial systems doesn't just happen, it is deliberately engineered by Bankers to fleece us and force us into foreclosure. It has happened many times before....now we need to take back what is rightfully ours. The Ponzi scheme that has been running the money supply since 1913 is a fraud....and all of the "wealth" that the top 1% claim is theirs is in fact fake, counterfeit paper. They own no more than you or I do, time to change the system for the good of the planet not just the 1%
What a fascinating perspective I'd never thought of, that "When people form lines, it’s always a signal worth watching." When you say a little later, "It’s the shape of anxiety, fear, delusion and greed made visible," it finally gave me a framing for a recent, hugely irksome thing wreaking havoc in central Amsterdam.
Here in the tangle of cobblestones, bridges, canals, bicycles, tulips and cheese, we suddenly have a new obstacle to contend with: TikTok lines. Young people lining up for blocks (and blocks and blocks) to sample the brownie / waffle / french fry sensation that in most cases opened for business last week. But not only do these mindless-idiot tourists clog the streets and footpaths with their zero tolerance for residents; after purchasing said snack(s), they then insist upon posing for and taking selfies. Middle of the street? No problem! While obstructing all other pedestrians and vehicles trying to pass? What's YOUR problem then, you old fart!
So, finally I know what to do, which is to chalk it all up to: anxiety, fear, delusion and GREED. Thank you!
I'm with you, old fart! The impulse to turn anything and everything into a 'selfie' is the perfect and tragic metaphor for our age. As a friend's father used to say: "Things were better when they were worse."
I don't know what percentage of the market individuals have of the gold market. I would assume it is a relatively small percentage compared to the institutional and industrial segment.
I would say that it is likely that they just see the profit for selling now to be more of an indicator of public sentiment rather than financially based decision. As with any commodity, they may be gloating of their timing to sell or kicking themselves for getting out too early. There are always plenty around of each.
I don't know if the price will rise or fall because it is a crooked game. The institutional traders manipulate the prices by buying and selling. That is the biggest reason that the markets exist. Personally, I believe that it is just a form of gambling that people think that they can beat the system and profit from it.
But just like with any other form of gambling, the house always wins in the long run.
I've always avoided lines if possible and I haven't really thought about what they reveal. I've had to line up at airports, passport offices, coffee shops and stores and I just tried to minimize the delay. Waiting is dull and uncomfortable and is the trade-off to get what you want, but you are pointing out how it signals unease, and maybe apprehension of the unknown future.
When people give up jewelry and heirlooms in favor of quick cash, that seems a bit desperate to me, but also practical in the face of inflation. It's ironic that gold is being hoarded by the wealthy and sold off by the less affluent.
I guess you're right, it's a sign, of a troubling future that's unfolding.
Collapse of financial systems doesn't just happen, it is deliberately engineered by Bankers to fleece us and force us into foreclosure. It has happened many times before....now we need to take back what is rightfully ours. The Ponzi scheme that has been running the money supply since 1913 is a fraud....and all of the "wealth" that the top 1% claim is theirs is in fact fake, counterfeit paper. They own no more than you or I do, time to change the system for the good of the planet not just the 1%
What a fascinating perspective I'd never thought of, that "When people form lines, it’s always a signal worth watching." When you say a little later, "It’s the shape of anxiety, fear, delusion and greed made visible," it finally gave me a framing for a recent, hugely irksome thing wreaking havoc in central Amsterdam.
Here in the tangle of cobblestones, bridges, canals, bicycles, tulips and cheese, we suddenly have a new obstacle to contend with: TikTok lines. Young people lining up for blocks (and blocks and blocks) to sample the brownie / waffle / french fry sensation that in most cases opened for business last week. But not only do these mindless-idiot tourists clog the streets and footpaths with their zero tolerance for residents; after purchasing said snack(s), they then insist upon posing for and taking selfies. Middle of the street? No problem! While obstructing all other pedestrians and vehicles trying to pass? What's YOUR problem then, you old fart!
So, finally I know what to do, which is to chalk it all up to: anxiety, fear, delusion and GREED. Thank you!
I'm with you, old fart! The impulse to turn anything and everything into a 'selfie' is the perfect and tragic metaphor for our age. As a friend's father used to say: "Things were better when they were worse."
I don't know what percentage of the market individuals have of the gold market. I would assume it is a relatively small percentage compared to the institutional and industrial segment.
I would say that it is likely that they just see the profit for selling now to be more of an indicator of public sentiment rather than financially based decision. As with any commodity, they may be gloating of their timing to sell or kicking themselves for getting out too early. There are always plenty around of each.
I don't know if the price will rise or fall because it is a crooked game. The institutional traders manipulate the prices by buying and selling. That is the biggest reason that the markets exist. Personally, I believe that it is just a form of gambling that people think that they can beat the system and profit from it.
But just like with any other form of gambling, the house always wins in the long run.
I've always avoided lines if possible and I haven't really thought about what they reveal. I've had to line up at airports, passport offices, coffee shops and stores and I just tried to minimize the delay. Waiting is dull and uncomfortable and is the trade-off to get what you want, but you are pointing out how it signals unease, and maybe apprehension of the unknown future.
When people give up jewelry and heirlooms in favor of quick cash, that seems a bit desperate to me, but also practical in the face of inflation. It's ironic that gold is being hoarded by the wealthy and sold off by the less affluent.
I guess you're right, it's a sign, of a troubling future that's unfolding.