Yes we could see $20,000 gold and $740 silver, but look at this shocker.
$20,000 Gold, $740 Silver
April 4 (King World News) – Graddhy out of Sweden: The Gold 8 year cycle charts I have been posting at the service are playing out very nicely and as expected. My price targets for the bull market are still the same as first posted back in 2019: Gold $10,000 Silver $370. If things get really wild we could see double that…
Billionaire Eric Sprott is a big investor in this remarkable silver company click here or on the image below
Gold Priced In Euros Looking Very Good
Graddhy out of Sweden: Gold in euros backtest of August 2020 high is looking pretty good, which is a good sign.
Gold Trading Beautifully As European
Buying Remains Strong
Revenge Of The Silver Miners
Graddhy out of Sweden: This symmetrical, massive blue triangle stretches all the way back to the bear market bottom in 2015/16. We had a false breakout (FBO) and it is now at the gates, thinking about breaking out above the blue resistance line. Big patterns/moves take time to build.
Silver Stocks Set To Radically Outperform Silver
Truer Words Were Never Spoken
Peter Brandt: What can stagflation with rising yields and energy prices do to the stock market? From 1965 until 1983 (18-years) the U.S. stock market Dow Jones went up, down and NOWHERE I believe U.S. equities will follow the script set by this period.
US Stocks Went Nowhere From 1965-1983
During The Great Stagflation
This Won’t Show Up In CPI Or PCE Calculations
Peter Boockvar: Companies are going to do what they can to recapture lost profit margins due to higher labor and raw material costs. Some attempts will be more obvious than others. I was at a restaurant in Boston Saturday night and found a ‘Kitchen Appreciation Fee’ of 5% on the bill. This was followed by a friend’s trip in Brookline to a bagel store the next day which included a ‘10% Fair Wage Surcharge.’ You can be sure these won’t show up in the CPI and PCE calculations.
SHOCKER: More “Transitory Inflation”
Extra Fees Being Added To Restaurant Bills
Europe Already In Recession
As many debate the message of the yield curve, I’m not one who thinks this time is different and it’s clearly telegraphing an economic slowdown due to higher global inflation, monetary tightening and a likely recession in Europe. To that last point, here is what the April Eurozone Sentix investor confidence index said today which fell to -18 from -7 and well worse than the forecast of -9.4.
Eurozone Investor Confidence Index Collapses
“When it comes to the question of when the recession began in the Eurozone, economists are likely to determine the beginning of the 2nd quarter of 2022 as the start of a recession in retrospect.
This is at least the conclusion we have to draw from the current data of the sentix business cycle indices. At the beginning of April, the sentix economic indices collapsed…Both the current situation and the expectations indexes are now negative, and the economy is thus beginning to shrink.”
As for help from other regions of the world:
“At the moment, no other global region can provide a real counterbalance. Even the Asian region is already stagnating.”
ALSO RELEASED: MOTHER OF ALL GOLD BULL BREAKOUTS: World’s #1 Gold Producing Company Has 34 Year Breakout! CLICK HERE.
ALSO RELEASED: Greyerz – US Dollar Not Exist As The World Will See Terrifying Hyperinflation Followed By Deflationary Depression CLICK HERE.
ALSO RELEASED: RUSSIA HOLDS SHOCKING 12,000 TONNES OF GOLD: Russia & China Possess Jaw-Dropping 32,000 Tonnes Of Gold CLICK HERE.
ALSO RELEASED: Tavi Costa – We May See Gold Hit $10,000 An Ounce But Silver’s Parabolic Rise Will Be Even More Exciting CLICK HERE. To listen to one of the most important interviews of 2022 with Tavi Costa where he discusses the coming violent upside moves for gold, silver and the mining stocks CLICK HERE OR ON THE IMAGE BELOW.
To listen to Alasdair Macleod discuss Russia’s 12,000 tonne gold hoard and China’s 20,000 tonne gold hoard as well as the game-changing event in the gold market this week CLICK HERE OR ON THE IMAGE BELOW.
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