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Gold

The Fourth Turning: Why America’s crisis might last until 2030

Hedgeye/Neil Strauss/8-14-2020

graphic image of walk in a deep, fearful wood

“To be clear, the road ahead for America will be rough. But I take comfort in the idea that history cycles back and that the past offers us a guide to what we can expect in the future. Like Nature’s four seasons, the cycles of history follow a natural rhythm or pattern. Make no mistake. Winter is coming. How mild or harsh it will be is anyone’s guess but the basic progression is as natural as counting down the days, weeks and months until Spring.”

USAGOLD note:  For those who, like me, buy into the notion of a fourth turning, the problem is to get to the other side of the woods with our assets reasonably intact. Strauss says that we will eventually find our way to a first turning – a time of renewal – but the fourth turning could extend until 2030. Physical gold and silver, as stores of value, have done well in the first stages of the fourth turning which began in 2008.

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Fed struggles to contain bond weakness as investors bank on recovery

Financial Times/Tommy Stubbington and Colby Smith/4-29-2021

photo of gold king standing tall amidst fallen foes on a chess board

“A global bond retreat resumed on Thursday despite Fed chair Jay Powell’s insistence that the US central bank has no plans to wind down its bond-buying efforts any time soon, with many investors betting yields will top their March highs in the coming months as prices fall.”

USAGOLD note: The Fed, it has become obvious, is fighting headwinds to keep rates down. A surprise surge in inflation could make things substantially worse for both the Fed and bond market – whereupon, from the investor’s point of view, gold might appear to be the last safe haven standing.

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Gold

The last thing we need is a gold mine – Wyoming Tribune

The last thing we need is a gold mine  Wyoming Tribune
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Gold

Trillium Gold Appoints Financial Advisor – PRNewswire

Trillium Gold Appoints Financial Advisor  PRNewswire
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Gold

Lincoln Gold Mining Signs Letter of Intent Reducing Wheeler Royalty to 2% – Junior Mining Network

Lincoln Gold Mining Signs Letter of Intent Reducing Wheeler Royalty to 2%  Junior Mining Network
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Gold

Golden Predator calls off deal to acquire Viva Gold – Mining Technology

Golden Predator calls off deal to acquire Viva Gold  Mining Technology
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Gold

Gold prices finish lower as Yellen suggests a potential rise in U.S. interest rates – MarketWatch

Gold prices finish lower as Yellen suggests a potential rise in U.S. interest rates  MarketWatch
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Gold

Gold price to fall $200 by year-end despite stronger physical demand, says Capital Economics – Kitco NEWS

Gold price to fall $200 by year-end despite stronger physical demand, says Capital Economics  Kitco NEWS
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Gold

Unleashed inflation ‘genie’ to send gold prices higher – Ned Davis Research – Kitco NEWS

Unleashed inflation ‘genie’ to send gold prices higher – Ned Davis Research  Kitco NEWS
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Gold

The silver price is breaking out and could drag a reluctant gold market with it – Saxo Bank – Kitco NEWS

The silver price is breaking out and could drag a reluctant gold market with it – Saxo Bank  Kitco NEWS