When gold and silver experience volatility, ignore orchestrated takedowns and remain focused on the big picture. Take a look…
A Promise To Destroy Purchasing Power Of Your Fiat Money
November 11 (King World News) – Peter Boockvar: Jay Powell reminded us again last week that once purchasing power is lost, it is lost forever. In response to a question at the press conference about the Fed’s pre Covid policy shift to inflation symmetry where they would allow a period of above 2% inflation to make up for a period of below 2%, and that instead blew up spectacularly in their face, Powell said they will not tolerate now a period of below trend inflation in order to catch up to the very high level over the past few years. That would of course give relief to consumers if they did. He however just wants the inflation rate of change to stop at 2% and reinforces the inherent persistent inflation bias of the Fed where the rate of change of the inflation increase is the only question.
BIG PICTURE: Gold Miners vs Tech
Graddhy out of Sweden: GOLD has broken out into a resumed secular bull market. And this chart shows gold miners turning vs tech companies. The big asset rotation is starting right here.
IGNORE VOLATILITY: Gold Mining Stocks Are Coiled To Skyrocket vs Tech Stocks
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As I said for 4.5 years – this commodities bull market will be the greatest opportunity in our lifetime.
Gold, Silver And Inflation
Graddhy out of Sweden: Keep your eyes on the very big picture at this stage.
The ratio GOLD vs US CPI now has a truly historical breakout. And, silver has been in catch-up mode which will lead to its massive 44-year cup & handle breakout…
IGNORE VOLATILITY: Gold Has Decisively Broken Out vs (CPI) Inflation
To listen to the jaw-dropping gold and silver price predictions that Nomi Prins just made CLICK HERE OR ON THE IMAGE BELOW.
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