Today the man who is connected in China at the highest levels said China is not only going to continue buying gold but they are about to start buying gold mining companies.
Today the Chairman of Saxo Bank UK said investors should buy gold and expect inflation and further asset bubbles.
Just when you thought there wouldn’t be much more carnage, take a look at this economic destruction.
2020 has certainly been a difficult year but you haven’t seen anything yet because according to one of the greats in the business, investors should expect to see $4,800-$9,800 gold. And when it comes to mining stocks, the party has just begun.
With the Dow rallying along with the US dollar, China is almost back to normal, plus a look at economic destruction and good luck.
This could turn into a serious problem after the US election or even before.
Today weakness in the US dollar ignited gold, silver and miners, but this is the shocking thing about this rally.
With the US dollar trading lower, this is the next key level for gold, plus consumer confidence, monetary policy and real estate.
Silver has a major underlying base, that’s a lot of pessimism, what will hold its value, inflation and deflation, plus highest level in history!
Here is a contrarian gold alert, gold now in backwardation, ominous sign for the US dollar, plus a bonus interview!