DWQA QuestionsCategory: Extraterrestrial Corruption of Human InstitutionsFollowing a downturn caused by panic selling from the coming tidal power outages, how long will it take for gold to return to the current high? Will there be just as severe a plunge with each new tidal power outage? Will they get worse?
Nicola Staff asked 11 months ago
This will typically take 2 to 3 months. As you know, downturns are usually rapid and take just days to unfold, whereas a bullish retracement may take weeks or even months to recover to previous high levels. The purpose of this exercise in throwing a wrench into the works with power outages is to create fear and uncertainty and economic damage, as well as feelings of helplessness from the literal state of being that will result, because everything, for the most part, will come to a halt. And the threat of it happening again will be a powerful negative influence going forward. Unfortunately, we see subsequent outages getting worse in their impact because it will add to fear and uncertainty and a growing conviction that the infrastructure cannot be trusted to be stable and that level of uncertainty will have a huge impact on the markets. Even gold will be dropping, but over time will do better with each new insult, or at least not as badly, because it will grow to be appreciated as somewhat of safe haven given it is a form of money, after all. But there will be volatility and that will be painful for investors, unavoidably.