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Is gold about to Moon? Anonymous Mon Sep 2 22:51:39 2019 No.15471460 [Reply] [Original]

If trump loses 2020, im 100% its going to moon.
I work in oil and gas and im gonna be real with you all, the market is dying and right now our currency depends on the petrodollar. iran already called out bluff. crypto and gold are going to have a great year 2020.

>>	Schiff Will Win !!L6zziHG8/KZ Mon Sep 2 22:53:46 2019 No.15471474 >>15471460 its going to $8k minimum

>>	Anonymous Mon Sep 2 22:54:42 2019 No.15471481 >>15471460 Are you US? I'm looking at oil and gas jobs right now in Oklahoma.. Am I fucked? IT guy, not an engineer btw.

>>	Anonymous Mon Sep 2 22:54:53 2019 No.15471482 >>15471460 You really think trump will lose? he’s proclaimed as Israel’s best president yet, they love the guy. He’ll stay in office a 2nd term. If you wanna make big bucks, bet on the election.

Anonymous Mon Sep 2 22:55:29 2019 No.15471483

>>15471460
>I work in oil and gas and im gonna be real with you all, the market is dying
Oh did someone finally figure out cold fusion or renewables that aren't an overpriced joke? No? Oil+ gas shall remain king and the petrodollar shall remain his chancellor.

Anonymous Mon Sep 2 22:57:27 2019 No.15471503

>>15471460
Trump will not lose. There is zero chance he will lose. Look at the idiots he's running against. None of them have a chance in hell. You think this country is going to elect a socialist to replace Trump? lol and forget about Sleepy Joe that dude is a buffoon.

Anonymous Mon Sep 2 22:59:09 2019 No.15471515

>>15471460

>I work in oil and gas and im gonna be real with you all, the market is dying

You what? US oil production hit an all time high 3 months ago at 12.5m bpd and is expected to hit 13.4 by year end. Crude is sitting at $55 so there is no sign of production cuts, you haven’t seen anything yet. When WTI goes back to the 20s (this winter), you’ll see real “dying”

Iran doesn’t mean anything. If sanctions are lifted WTI drops to 35, otherwise it’s already going to 45 based on slowing markets

Anonymous Mon Sep 2 23:04:27 2019 No.15471555

>>15471481
if youre in IT it doesnt matter. you can switch industries with ease. id argue you can make much more as IT outside O&G.

i am in US. midstream is doing well but upstream is dying and downstream is slowing down as well.

>>15471482
hard to say. i think he will sabotage himself because he knows shits about to hit the fan and rather have the next guy take the blame for the crash

>>15471483
lol you dont know anything. oil and natural gas sales about declining. electric cars are just better in everyway and will mog the market. right now O&G is mostly relying on marine and air vehicles. when Elon announces electric planes, O&G is dead. its not a matter of if, just when

>>	Anonymous Mon Sep 2 23:05:48 2019 No.15471570 >>15471503 >Look at the idiots he's running against basically what dems said when they looked at the GOP 2016 more candidates actually work to the final primary candidates advantage

>>	Anonymous Mon Sep 2 23:07:38 2019 No.15471583 >>15471515 yeah because trumps in office dipshit. you know who was one of our biggest lobbyists? David Koch.

>>	Anonymous Tue Sep 3 00:54:50 2019 No.15472345 lmao some petty laborer think he knows shit about oil price

>>	Anonymous Tue Sep 3 01:17:30 2019 No.15472503 >>15471503 Im not gunna say 0, cuz theres always a chance, but if trump looses it will be because the deepstate cheated enough to not completely get caught, or at least not held to account, if that happens my estimates of SHTF go from 0 -80%

>>	Anonymous Tue Sep 3 04:42:12 2019 No.15473518 >>15472345 im not a laborer im an engineer.

>>	Anonymous Tue Sep 3 07:56:05 2019 No.15474533 >>15471460 > our currency depends on the petrodollar what is the meaning of this? Our currency it depends on petro dollar? I knew it was baked by nothing

Anonymous Tue Sep 3 08:00:59 2019 No.15474560

>>15471460
The technicals for both gold and silver look pretty good.

For gold, it broke out of its massive multi-year ascending triangle back in June 2019, and it's above all major moving averages (50, 100, 200) on both the daily and weekly charts. It's in a very strong position. Even if it consolidates at this price level for a bit, it's unlikely to lose much position.

Silver is also above all major moving averages on both the daily and weekly charts. However, what's interesting about silver is that it hasn't been over its weekly 200 SMA since September of 2016. It broke out of it in early August 2019, and it's not looked back since.

Both gold and silver look relatively safe and strong.

Anonymous Tue Sep 3 08:47:54 2019 No.15474853

>>15474533
oil market is dependent on USD
e.g. saudi buys with USD
so all saudi's oil wealth backs our currency.
When gaddafi and saddam wanted to change that and opt for gold, we spread propaganda in their areas, turned their people against them and got them killed.

Assad is against USD controlling his oil. look at how they frame him for gassing his people when in reality he is innocent of that and winning the war.

without oil and gas, our dollar isnt worth anything.
>b-but our military supports our currency
wrong. we lost in afghanistan, we lost in iraq, we lost in vietnam, and we're losing in syria.

>>	Anonymous Tue Sep 3 09:34:14 2019 No.15475212 It's getting a good pump today.

>>	Anonymous Tue Sep 3 09:46:54 2019 No.15475318 >>15471460 Loss of petrodollar status may wipe up to five eurocents off the US dollar's value, but it would probably regain that within a year.

>>	Anonymous Tue Sep 3 09:52:07 2019 No.15475367 >>15471555 maybe in the west but the rest of the world no

>>	Anonymous Tue Sep 3 09:54:11 2019 No.15475388 >>15471460 No. Gold is controlled by the Rothschilds

>>	Anonymous Tue Sep 3 10:11:42 2019 No.15475546 >>15474853 >without oil and gas, our dollar isnt worth anything. hello, thanks. But cwon't they do the same they did with geddafi (kill assad)? They won't let the currency be backed by nothing or by gold, I'd assume

>>	Anonymous Tue Sep 3 10:22:56 2019 No.15475650 >>15471474 Schiff is always right in the end

Anonymous Tue Sep 3 10:32:16 2019 No.15475754

OP is clearly a larper and doesn't know anything about geopolitics or oil and gas production. The US is set to outproduce the majority of OPEC next year, costs of fracking continue to go down and as legacy fracking wells clear out the industry will become even more competitive. If growth continues, combined US and Canadian production will outproduce all of OPEC within 5 years and you think the petrodollar is dying? Wtf are you smoking?

Anonymous Tue Sep 3 10:41:37 2019 No.15475828

>>15471460
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>>	Anonymous Tue Sep 3 10:56:50 2019 No.15475958 Gold will break 10k within a year

>>	Anonymous Tue Sep 3 11:11:56 2019 No.15476080 dude, that is an echo bubble, bro

>>	Anonymous Tue Sep 3 11:22:33 2019 No.15476174 >>15475828 This is unironically a good way to cash out BTC under the table. BTC -> Gold -> Fiat

>>	Anonymous Tue Sep 3 11:35:18 2019 No.15476283 File: 22 KB, 550x392, 1538899019682.gif [View same] [iqdb] [saucenao] [google] >>15471555 >electric cars are just better in everyway and will mog the market Yeah, except electricity is more expensive than oil in most western countries

>>	Anonymous Tue Sep 3 11:36:51 2019 No.15476298 >>15476174 And many bullion dealers online accept bitcoin.

>>	Anonymous Tue Sep 3 11:41:06 2019 No.15476330 >>15474853 Saudi doesnt buy with usd you retard. They only sell their oil in usd. If you have this basic premise of the petrodollar confused I doubt you know much of anything >engineer at a major operator

>>	Anonymous Tue Sep 3 12:31:54 2019 No.15476790 >>15471460 Golds gains will pale in comparison compared to whats in store for silver.

>>	Anonymous Tue Sep 3 12:37:36 2019 No.15476850 >>15471474 >The Federal Bureau of Prisons reported that Schiff died on October 16, 2015. Schiff was the father of businessman and former United States Senate candidate Peter Schiff. LMAO

>>	Anonymous Tue Sep 3 13:21:25 2019 No.15477314 >>15476790 why?

>>	Anonymous Tue Sep 3 13:28:35 2019 No.15477378 File: 2.30 MB, 480x264, 5B8DE7CB-7753-4D51-AEDB-458F18CA6E6A.gif [View same] [iqdb] [saucenao] [google] >>15477314 Nobody is dumb enough to try and mine asteroids for silver

Anonymous Tue Sep 3 13:35:13 2019 No.15477437

>>15477314
Silver is more scarce above ground than gold is. Silver is priced low enough that a quadruple in value is very feasible. Historically high gold/silver ratio. Physical silver being purchased at record numbers by whales. The average mans safe haven during global economic uncertainty.

>>	Anonymous Tue Sep 3 14:37:38 2019 No.15478079 >>15477437 Until JPM dabs on your little fantasy and starts selling their stockpile. There is no escape.

Anonymous Tue Sep 3 14:43:46 2019 No.15478156

>>15478079
Insider here. JPM has been accumulating for what they foresee would be coming and won't be selling their stock pile. The US is working on a silver and gold standard which is why you will start to see moves like today look like chump change. Over the next year you will see a major shift in the PM market and those not accumulating now will be left in the dust.

>>	Anonymous Tue Sep 3 14:57:14 2019 No.15478300 File: 36 KB, 484x605, A3364AEC-ECA2-4B4C-8BF7-CBCB1857CDE6.jpg [View same] [iqdb] [saucenao] [google] >>15478079 Yes, because people always stockpile things that they don’t want to profit off.

>>	Anonymous Tue Sep 3 15:02:47 2019 No.15478359 File: 1.96 MB, 268x268, 8769b3dac057f9c4e547b36fef0c6f5b30f83c363ebac25b043e0823c0a34fa3.gif [View same] [iqdb] [saucenao] [google] >>15478300 Is that Maisie Williams?

>>	Anonymous Tue Sep 3 15:48:13 2019 No.15478850 >>15478359 That’s a 10/10 in the UK

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