The “KISS (Keep it simple, superstar!)” investing principle is important, especially in the gold market. Business owners and stakeholders don’t have a lot of time to be deciphering candlesticks on a gold chart, but there are some easy...
The “recapture the good times” gold chart. Gold has recaptured the $2000 price marker, and there’s already a noticeable pattern of higher highs and higher lows from the low of the reaction. That’s bullish action!
Gold is at a point where most of the horrific Corona crisis news is priced in, the US economy continues to strengthen, and not enough government handout money has been spent by Main Street to create inflation.
The main theme for gold and silver investors right now is what I call the “SHO” theme; space helmets on! Simply put, as I predicted several years ago, gold (and silver) are becoming accepted as a major asset class for wealth building....
Gold has arrived at significant resistance in the $1900-$2000 zone. Investors need a solid plan of action to deal with the intense volatility that is currently enveloping the market.
These are the main facts for investors to keep in mind at this point in “gold bull era” time.
The big question about America is how much more money the Fed can print while the government runs a program of borrowing money to infinity… before hyperinflation turns the fading empire into a fire pit.
Ancient Rome had the denarius, which was diluted into hyperinflationary oblivion. America has the dollar, which is on track to suffer an equally disgusting fate.
Investors ignore cycles… at their peril. When I calmly suggested that a key virus cycle year of 2020 would see a “carpet bombing” of markets, most investors were not listening to the cyclical message of the markets.
With a new tail wind of significant ETF tonnage growth, gold bullion continues to sport the best charts of all the major asset classes.