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Rob 🍁 🇮🇹
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Rob 🍁 🇮🇹
@RobPJS
Financial information & banter Seeking outsized asymmetric profits. My biggest play - https://t.co/nKgUpiu2jD @EuroSunMining $ESM $ESM.TO $ESM.CA
Canada Entrou em Mart 2009
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@tomada36 @wildfreakouts She did nothing wrong. Every loser online was virtue signaling.
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@wildfreakouts The woman who refused to move was in the seat she paid for? Her assigned seat? If so, what did she do that was wrong? I don’t understand this.
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@RonStoeferle @michaeljmcnair And more importantly, I agree. You can both sleep well tonight.
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@michaeljmcnair Excellent points made, Michael. I agree with your view.
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Gold and silver are not acting well in a period of rapidly rising geopolitical risks. We have an Iran War, Strait of Hormuz blockade, rising volatility. In the old framework, that setup should be close to ideal for gold. But once you understand what is now driving gold, this move makes perfect sense.
Something fundamental changed after the US and Europe froze Russian reserves in 2022. For decades, surplus countries parked their excess savings in US dollar assets, mostly Treasuries. The freezing of Russian reserves combined with the current administration's explicit push to discourage foreign countries from parking excess savings in US financial assets, forced surplus countries to rethink where they store reserves.
And those countries haven't changed their domestic policies that generate the excess savings, so those savings have to be placed somewhere. The result is that gold and silver have increasingly become the obvious “neutral” reserve assets.
That’s why gold decoupled from the three factors that used to explain it…real interest rates, volatility, and liquidity. Now reserve accumulation flows have become the primary driver.
That shift has a consequence I don’t think most investors have thought through. If gold is now primarily driven by reserve flows from surplus countries, then gold has become pro-cyclical.
Reserve growth is driven by export revenues, trade surpluses, economic growth in surplus economies. When the global economy is strong and surplus countries are generating large export revenues, their excess savings grow, their reserve accumulation accelerates, and gold catches a bid. When that surplus generation is disrupted, the bid weakens or reverses.
This is exactly what is happening with the blockade of the Strait of Hormuz.
The GCC countries are major reserve/gold buyers and now their export revenues are collapsing. They likely need to liquidate some reserves to cover fiscal obligations, and gold is one of their most liquid assets. Even if the reserve sales aren’t excessive yet, the market can see their reserve accumulation has stalled and probably reversed. That flow, which was a meaningful source of gold demand, has gone to zero at best.
There are also secondary effects on other surplus economies. China is the world's largest oil importer. An energy shock of this magnitude slows Chinese growth, and compresses Chinese surpluses, which slows Chinese reserve accumulation. That same growth shock ripples through Korea, Taiwan, Japan, and the rest of Asia.
The whole chain that has been driving gold higher, surplus countries generating excess savings that need a home outside the dollar system, is being disrupted by an event that in the old model would have been unambiguously bullish for gold.
This doesn't mean the structural case for gold is broken. The dollar standard is still ending. Surplus countries still need an alternative to Treasuries and gold is still the most obvious destination. But it does mean gold is going to be more volatile along that structural trend than most people expect, and the volatility will correlate with global growth and surplus generation rather than with the old drivers. Gold rallies when surpluses expand. Gold sells off when surpluses contract. Even if the reason for the contraction is rising geopolitical risk that, under the old model, should have sent gold to the moon.
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The UAE is READY, firm, and WILL teach the enemy a powerful lesson. And by the way, thank you @elonmusk for the Starlink gift.
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@AlexMasonCrypto The US was not over 40 trillion in debt back then....another low IQ tech trader
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🚨 GOLD IS ABOUT TO REPEAT 1979
And nobody is ready for what will happen.
1979:
Iran War → oil explodes
Gold goes from ~$200 → $850
Everyone thought it was the beginning.
Then came the part nobody talks about:
The Fed lost control.
Rates went to 20%.
Liquidity got pulled
Gold dumped: $850 → $300
Now look at today:
2026:
- Iran war (done)
- Oil up aggressively (current)
- Supply breaking (happening)
- Inflation creeping back (next)
But here’s where people get trapped:
They think gold = safety.
True, gold doesn’t die when the crisis ends.
It dies when central banks react.
And we’re getting close to that point again.
Oil is forcing their hand.
Inflation is picking up.
Rate cuts are no longer guaranteed.
BTW, I’ve predicted all the market tops and bottoms for the last 15 years.
When I EXIT the markets completely, I’ll say it here publicly, like I always do.
Many people will wish they had followed me sooner.
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@MDXcrypto The skyscrapers on spotless streets that look like something from Star Trek.
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#BREAKING: Canada, allies ready to ‘contribute to appropriate efforts’ on Strait of Hormuz blockage ctvnews.ca/world/mideast-…
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@CTVNews Seriously, what's Canada going to contribute? The military has been decimated and has no equipment
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@bubbleslake @CTVNews This must be a joke…this is what Canada got
No Navy
No Airforce
No army
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@Robert41329413 @CTVNews Then why was Trump and Co. baby whining that no one would help?
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@StanphylCap False. Hawaii has been rushed to emergency after an incident with Chuck Norris.
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"Chuck Norris, 86, rushed to the hospital in Hawaii after medical emergency" pagesix.com/2026/03/19/cel…
Chuck Norris doesn't HAVE "medical emergencies"...
Medical emergencies have Chuck Norris!
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@VanIsleInvestor Nah, we have some decent Halifax frigates and subs with solid personnel.
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Why is Oil dropping this afternoon ?
Now, Canada and Europe will help.
24 hours ago - Canada and NATO allies would not help with the Strait of Hormuz blockage.
What does Canada actually have to offer ?
Morale Support.
CTV News@CTVNews
#BREAKING: Canada, allies ready to ‘contribute to appropriate efforts’ on Strait of Hormuz blockage ctvnews.ca/world/mideast-…
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@Silver__Santa Added Euro Sun Mining because being recklessly overweight just wasn't enough.
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@DudeWhoInvests Arabs selling Gold to raise capital right now.. relax it’s a dip buying opportunity
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Makes LITERALLY ZERO sense. GOLD the hedge for geopolitical instability is crashing in the face of geopolitical instability. Can’t make this up.
The Kobeissi Letter@KobeissiLetter
BREAKING: Spot gold extends its selloff to -$400/oz on the day, now trading at $4,500/oz for the first time since February 2nd.
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