Gold Price Is Trumped

In Trump’s victory speech, he said this:

“We are going to fix our inner cities and rebuild our highways, bridges, tunnels, airports, schools, hospitals. We’re going to rebuild our infrastructure, which will become, by the way, second to none. And we will put millions of our people to work as we rebuild it”.

President-elect Trump said that he would spend $275 billion on his infrastructure plan. Per Trump’s plan, he is also promising to create 25 million jobs over the next 10 years. He has also promised tax cuts for all Americans. His plan includes lowering the rate on the highest income earners from its’ current 39.6 percent to 33 percent and lowering the corporate income tax rate from 35 percent to 15 percent.

Many estimates have placed the cost of his tax cuts at $6 trillion over the span of 10 years. He has also promised to boost U.S. military spending.

Trump’s new fiscal policy will increase the pace of ‘monetary pumping’ by lifting government borrowings which will lead to be monetized by the U.S. Central Bank.

This sounds like old news to me. You can call it ‘Quantitative Easing’ or ‘Helicopter Money’.  Unfortunately, we will continue down the same path that we have been on for the last eight years.

We are absolutely in an unstable monetary situation presently and yet the FED is likely to continue printing TRILLIONS of dollars of more money. The FED has proven that they can artificially inflate the stock market while the economy is in contraction, year after year!

For every dollar that the FED has, they have $110 of debt. They are in a MUCH worse position today than they were in in 2008!  I have researched that number directly from the most recent balance sheet which was released to the public, by the FED, and showing over $4.4 trillion dollars of liabilities and only $40 billion of capital.

This is a very extreme situation that the public is unaware of! They are in a MUCH worse position today than they were in during the recession of 2008.

They have been successful by printing more money and controlling interest rates.  At some point, it will all end very badly as they are continuing to kick the can yet further down the road.

During the stock market crash of 2008, over $50 TRILLION of wealth was lost. Tragically, we will experience a much larger and more painful loss when the next market crash does occur!

Gold Is On Sale!

You may never get another opportunity to buy gold at these levels in your lifetime!

A new future collapse of ‘monetary liquidity’ could force businesses to sell off their most liquid assets which are Treasuries. This would push the yields sharply up. The price of gold will soar since most people are likely to chase gold so as to prevent insolvency and maintain their wealth.  Trump’s ‘Helicopter Money Program’ will increase which will continue to artificially inflate the stock market.

Using my own count of the Elliot Wave Count, GLD seems to have completed a 5 wave decline and is searching for a bottom where the Wave 0 count (up) will settle.

The US Dollar Is Due For A Huge Correction

For many years, the FED has been creating trillions of dollars out of thin air. They have been unsuccessful by flooding the world with inflationary dollars. Japan, China and the E.U. are all keeping the easy money flowing. The world is rushing towards dumping the US dollar.  Additionally, the U.S. is setting the stage for a potentially massive inflationary trauma to those holding paper investments and an explosion in value for those holding gold and silver bullion.

Tens of millions of Americans are going to lose massive amounts of their money and their wealth. Others are going to become very wealthy during this same period which I refer to as ‘The Great Reset’.

Earlier in the year, gold proved to be one of the best investments on the board.  Since the late summer, gold has entered a complex corrective correction.

It has reached an extreme short-term oversold position. This implies a possible rally that could end this ‘complex corrective correction’ and issue a new BUY signal!

Gold has always been touted as a hedge against inflation. If Trump’s policies increase inflation, gold is a winner.

If President-elect Trump implements his trade protectionist policies, it is likely to lead to both global economic and geopolitical turmoil, which will be more beneficial for buyers of gold. Whichever way you look at it, gold will benefit its’ buyers.

You too, can be on the winning side of this great transfer of wealth by following my recommendations which are exclusive to subscribers.

My subscribers are now preparing to secure lasting Wealth from the Final Financial Blowout, shouldn’t you?