Saturday, 31 May 2025

Gold is Sound Money

 Issue No. 208 – Saturday 30 May 2025

 Gold price consolidation is now complete, and it will shoot up in the coming 2-3 weeks.

From 01 July 2025, gold will officially be classified as a Tier 1 high quality liquid asset (HQLA) under the Basel III banking regulations. That means US banks can count physical gold, at 100% of its market value, toward their core capital reserves. No longer will it be marked down by 50% as a Tier 3 asset, as it was under the old rules.

This is a major reason for Gold surging in the immediate future.

Astronomically, the reasons for our very bullish expectation are revealed on Solar Chart 2025-05-28 below.

This Solar Chart has been explained in the preceding Post, and we do not repeat here.

Despite erratic Gold prices in the past 2 weeks, the stock Kinross Gold has gone up $1.05 to US$14.75 per share. Our KGC Call options have risen sharply, with the outcome that our gain (compared with our capital outlay of $10,000 injected on 10 Jan 2025) is more than doubled to 122%.

We still have 6 Oxy Call options which are nearly valueless. There is the news that Israel may attack Iran shortly. Should that happen, the Oxy Call options will become valuable!

 In the next post, we’ll discuss Earthquake Forecast in Japan (which will considerably affect gold prices). Stay tuned.

 

 

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