#XAUUSD#gold
For gold, the key area to watch right now is the major support zone between 4075 and 4065. If this level holds, we can expect a rebound; if it fails to provide support, gold will likely test the 4050–4030 range.
On the upside, focus first on the resistance zone between 4090 and 4120. You may consider a light short position when the price first approaches the 4120 level.
A 10-year-old Japanese boy weighing just 30 kg decided to take on a 70 kg opponent and defeated him decisively, leaving everyone stunned… Even sumo legend Hakuho put down his phone and started watching the match!
Did the whole world agree to lose it at the same time???
France and Italy are burning, Albania is on day 6+ of clashes, and the list of countries joining in keeps getting longer.
8 countries, 11 seconds, 1 very angry planet.
Writer: Julie
"There's a lot of very wealthy people who think there's too many of us on the planet."
Former BlackRock portfolio manager Ed Dowd warns that a coalition of supranational elites strives for absolute technocratic control over humanity via the construction of an "open-air prison".
He points to the infiltration of powerful institutions, including the US government and the UN, and suggests that unsustainable pension costs provide an economic incentive for elites to "eliminate lots of elderly people... so you'd never have to pay out these off-balance sheet liabilities".
Jensen Huang went to Tokyo to thank the man who gave him $5 million 30 years ago. Without that money, Nvidia would not exist.
In the mid-90s Sega was paying Nvidia to build the graphics chip for its next console.
But Nvidia had bet on the wrong technology. The industry was going the other way, and the chip was never going to work.
Jensen could keep building it and fail. Or quit and run out of money.
He went to Sega's president, Shoichiro Irimajiri, and told him the truth. Nvidia's approach was wrong. Sega should find another partner.
Then he asked Sega to pay anyway. Without that money, Nvidia was finished.
Irimajiri said yes. Sega put in $5 million.
Jensen later said it gave Nvidia six months to live. They used it to build a new chip, the RIVA 128. It sold over a million units and saved the company.
Nvidia is now worth over $4 trillion.
This summer Jensen stood in front of Irimajiri at a Sega arcade in Tokyo and thanked him.
Would you have told your customer the truth?
Follow me for more stories like this.
🇨🇳 A Chinese kid just solved a Rubik’s Cube faster than most people can even pick one up.
JUST 2.51 seconds, setting a new world record!!
Writer: Samuel
🚨 WE ARE ABOUT TO WITNESS THE BIGGEST WAR IN HISTORY FOR THE SURVIVAL OF PETRODOLLAR
Massive U.S. bomber formations, continuous surveillance flights, and heavy air movements are now saturating the skies near Iran. This is no longer posturing.
This is the opening chapter of the biggest geopolitical-financial war of our lifetime, the one that will decide whether the petrodollar survives… or dies.
If the U.S. fails to completely dismantle the IRGC’s control inside Iran, the consequences are not gradual. They are terminal‼️
Iran has already laid down the new law of energy: Every single barrel of oil that passes through the Strait of Hormuz, the artery carrying ~20% of the world’s crude, must be settled in Chinese yuan. No dollars. Full stop.
The moment that demand sticks, the 50-year monopoly that forced the world to recycle oil revenues into U.S. Treasuries collapses overnight. The petrodollar doesn’t weaken. It dies. And the yuan (backed by real oil flow) becomes the new settlement currency of the energy world.
Jeff Currie, former Goldman Sachs head of commodities and lifelong insider of the dollar system, just laid out the one line America cannot cross. Handing control of the Strait of Hormuz to Iran is not a tactical retreat. It is the formal end of the United States as global hegemon and the death of the dollar as the world’s reserve currency.
JP Morgan CEO Jamie Dimon said that Iran had its “throat on the Strait of Hormuz” for 45+ years and told the Trump administration to “finish this thing and finish it right.”
Bank of America reports that U.S. now only has 43-day emergency buffer of crude oil left in 45-year low.
Japan’s @yutokanzakireal had warned about the off-the-record deals signed for Japan’s energy security.
If Japan’s oil purchases start to be priced in Yen, it’s going to be catastrophic for the global economy.
The faith of the fiat system is now being decided in the skies over the Middle East.