Is Gold Investing Entering an Exciting New Era?
is gold investing on the cusp of a new era what’s new the lack of rate Cuts haven’t been a problem for gold and without any clear indication of when rate Cuts will come gold continu continues to demonstrate impressive price durability economic uncertainty means you have to keep up with what’s happening make sure you subscribe and we’ll keep you in the not interest rates have been stuck at 23-year highs since last July still in the midst of this oppressive rate climate gold has managed to shine climbing 14% over the previous 7 weeks to more than $2,300 per ounce so could it be that the recent resilience we’ve seen from gold has less to do with interest rates and more with the possibility that a paradigm shift in Gold investing may be unfolding in real time the financial time suggested may be possible in a recent article the times implies that when it comes to Gold’s abrupt moves there are deeper longer term messages in this rise that investors should pay very close attention to in a n shell the current gold environment may not be a result of anticipated rate Cuts but rather of widespread changes and key dynamics of the global economy changes that include steady inflation a slow shift away from the dollar persistent geopolitical tension and declining fiscal stability on inflation specifically the financial times notes it’s hard to think think of a macro Trend at that moment that isn’t inflationary the economy is running hot from fiscal stimulus in the US to more supply chain redundancy as countries drisk to all the capital investment required for the clean energy transition and reindustrialization in rich countries the time sites heightened geopolitical tension and dollarization as structural go drivers as well trade tensions between the west and China are growing meanwhile the weaponization of the dollar following the outbreak of war in Ukraine has quickened moves in many countries most importantly China to sell treasury bills and buy gold as a hedge against America’s Financial might in a recent economic update I mentioned that the national debt has been rising at an unbelievable rate of $1 trillion approximately every 100 days I also discussed the opinion of Michael Hartnett Chief investment strategist at Bank of America that this disturbing trend is one reason for Gold’s recent move higher along the same line the financial time sees potential positive implications for gold arising from the nation’s declining fiscal profile this is exciting for gold but not so much for our country we have to be honest with ourselves do we see government spending changing anytime soon the most recent Congressional budget office projections put us debt at 99% of GDP by the end of this year and have it on track to reach 170 2% by 2054 if this happens the result would be monetization inflation Financial repression and a period of extreme chaos in monetary policy and markets bad for the world good for gold and while experts can only project not promise there’s been several optimistic price forecasts for gold these days this incl includes an exceptional forecast of $4,000 per ounce gold in the not too distant future but what makes their projection so compelling is not the actual price Target which of course may or may not be actually reached but the basis for it this isn’t just an interest rate thing people are hedging against a new world with the foundational economic and geopolitical Dynamics in play currently investors May believe just like the financial times does that many of gold and Silver’s current drivers transcend central bank rate policy when you examine these Trends ask yourself where do you believe the world our country and the dollar aheading and you may conclude that a new era of gold investing is upon us that’s why I suggest you take the time to learn more about what’s really going on in the economy by attending our exclusive one onone Web Conference at austa [Music]
Is Gold Investing Entering an Exciting New Era?
Dive into the potential paradigm shift in gold investing amidst rising interest rates, inflation, and geopolitical tensions. Discover why experts see a new era unfolding.
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