Janet’s “profoundly glad to be working alongside dedicated public servants once again”. Yay Janet Yellen! Making America greater for 25 years, and counting! (by Half Dollar) Ugh. First, a little […]
Month: January 2021
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Why the Gold Bull Will Run for Years
This combination of near-zero rates and rising inflation all but guarantees negative real interest rates, and therefore a rising gold price. And despite… by Peter Krauth via Streetwise Reports If […]
Yes, the stock market will reflect what the new “rulers” in the United States want…they are trying to destroy your wealth! by Bix Weir of Road to Roota Yes, the […]
Gold's price pattern from January, 2019 to 2021 mirrors that of gold in the same two-year duration, starting from 2010; both time periods saw gold surge to a top in the 3rd quarter and both times saw costs go down from its high in practically identical size and also timing.
Gary Wagner, editor of TheGoldForecast.com, claimed that this resemblance ought to deviate and also in time, gold will climb up out of its existing consolidating range.
0:00 – Gold now vs 2011
6:08 – Gold's basics
9:02 – Fed conference today
9:49 – Gold's crucial levels
12:41 – Bitcoin
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Gold is a political metal, and also takes on U.S. treasuries, stated Luke Gromen, president of Forest for the Trees, as well as because of this, government authorities have actually historically been attempting to "handle the rate."
Gold has the potential to reach $6,000 an ounce however is being held back, Gromen said.
0:00 – Gold has been 'taken care of'.
4:14 – Gold expectation for 2021.
7:06 – Monetary stimulation as well as gold.
9:30 – Supply chain disturbances.
10:51 – Bond returns.
12:50 – Gold rate upside.
16:00 – What's holding gold back from reaching $6,000?
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