Subscribe Now!

To Access Premium Sections!

Subscribe

 

Subscription »

The New Great Depression and how to preserve your savings...

How to use the SHOPPING CART and get access to 500 pages of Financial Advice written by experienced analysts (site is updated daily - monthly)!

Benefits »

  1. Get access to the daily investment news updates
  2. Get access to all  +500 subscriber's sections
  3. Receive important email alerts and breaking news
  4. Access to email consultations and coaching. (limited - please inquire)
  5. Get a free analysis of your portfolio/savings (limited) - please inquire)
  6. Get up to 2 weeks free!
  7. Learn how to get your second passport
  8. Learn more about Non-Bank & out of political reach vaults
  • XMAS-2023.png
  • FEC ECB.png
  • fools gold slide.png
  • vault panama us.png
  • Goldonomic
  • Goldonomic
  • Goldonomic
  • Goldonomic
  • The Goldonomic site is for serious investors only. It is run by talented people with Master's Degrees in Economics and years of experience. Initially and historically, the site is meant to be a source of information for professional investors mainly. The information  is of a high level and requires an open mind and reasoning.

    Francis Schutte

  • The majority is never right. Never, I tell you! That’s one of these lies in society that no free and intelligent man can ever help rebelling against. Who are the people that make up the biggest proportion of the population — the intelligent ones or the fools? I think we can agree it’s the fools, no matter where you go in this world, it’s the fools that form the overwhelming majority.

    Hendrik Ibsen-

  • The mainstream (corporate) media is nothing less than the unofficial accomplice of the banking crime syndicate which is running/ruining our markets and economies. Nowhere is this despicable relationship more apparent than in its deliberate efforts to grossly misinform investors on the critical subject of risk.

    Jeff Nielsen

  • The business of investing rationally becomes problematic when market participants are pursuing maximum nominal returns without a second thought as to the real (inflation-adjusted) value of those returns and the location of the savings. Our Goal is to maximize safety.

    --

  • Comparing the currencies is like picking the prettiest horse in the glue factory. The history of all fiat currencies shows they all end up being valueless. Gold’s nobody else’s liability and it has no counterparty risk. It’s provided protection against destruction of wealth for centuries and we’re at the cusp of another major chapter in its illustrious history.

    Sprott

Free Newsletter

Yuan Gold


March 10, 2024: Physical gold sells +$133 over spot in China!

chinese gold   Yuan
Gold expressed in the Chinese Yuan: China is the world's biggest buyer of physical gold.

CNYGold pf1
Short term candle
Chart comments
CNYGold candle1
  • Jan 28, 2015: broken through 200 days MA = buy signal
  • March 7, 2016: a BREAKOUT.
  • Jan 8 - Feb 7, 2017: and fresh up leg
  • Jan 5, 2018: The Chinese bought gold massively after the holiday week.
  • May 3 - June 20: more sideward accumulation - note the impressive VOLUME each time the price hits the bottom of the trading zone.
  • Jan 16 - Feb 8, 2019: Waiting for action
  • Jan 3 - Feb 4, 2020: backtest/flag completed and new bull run.
  • Feb 25 - April 9: Target is 4,700 - 4,800
  • April - May 10, 2022: Start the SECOND upleg and strong BUY.
  • July 12 - Aug. 5 - Sep. 8: Second stop and BUY opportunity before the ride.
  • Jan. 6, 2023: The beginning of a new bull run.
  • Feb. 16: Spinning Bottom and Strong Buy!
  • May 18: Mind the Resistance Line...that must be broken for higher.
  • June 18 - Sep. 26: VERY BULLISH = Expect a breakout soon.
  • Oct. 4: Bear Trap + Gap + reversal candle = extremely bullish (short candle).
  • Nov. 5 - Dec. 11 - Jan. 9 - Feb. 9 - Mar. 10, 2024: All-time high and bull run.
Long term candle
CNYGold candle2

Chinese Yuan/Renminbi versus US-Dollar: Since currency devaluations no longer work, we have a "Trade War."

CNY pf1
Short Term Candle Chart comments
CNYUSD candle1
  • April 23, 2022: Breakdown from a BEARISH WEDGE versus the US Dollar.
  • May 10: 5% lower and SUPPORT.
  • June 25 - July 12: Higher we shall see?...or Sideward??
  • Aug. 5: The backlash of the Putin sanctions can increase the Yuan by 5% in no time!
  • Sep. 8: Oversold; the Yuan is a long-term BUY vs. the USD at this level.
  • Oct. 15: Yuan was knocked down and landed on a Strong Support Level.
  • Nov. 23: Bottom formation.
  • Jan. 6, 2023: the Dollar is TOAST.
  • Feb. 16 - Sep. 26 - Nov.  - Dec. 11: The yuan is a super buy versus the Dollar
  • Jan. 9 - Feb. 9 - Mar. 10, 2024: something weird is happening here...
Long Term Candle
CNYUSD candle2

 


Chinese Yuan/Renminbi versus Euro:

China is doing whatever it can to stay competitive with the rest of the world. MADE in CHINA must continue to sell...even when China is entering a RECESSION (March 2019)


 

eCNY pf1
   
eCNY candle1  NOTE - section under construction!
 
eCNY candle2

China is not the subsequent economic and political giant! It may even be a power in decline.  The bulk of Chinese live in the same conditions Nigerians live in, and the Upper Middle class has no heated houses and no warm and often no running water. China, however, holds GOLD & SILVER. And he who holds the money (Gold and silver) rules the world.

chinese gold holdings
chinese renminbi china gold demand
USD-CNY march2014 2016 chinese gold reserves

Copyright, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic (Jan 2018)


 

Widgetkit Twitter

Twitter response: "Could not authenticate you."