Gold will shine, bear hibernation, new low, plus timber!
Gold Will Shine
April 13 (King World News) – Fred Hickey: The fact gold’s not “participating” along with the objects of speculation is a positive. It’s what’s supposed to occur. It’s a true store of value uncorrelated with the all the bubbles that does best in times of trouble (when reality returns). And reality will inevitably return…
This company just made a gold acquisition that is worth 7-8 times what they paid for it and is now set up for monster upside in 2021! To learn more click here or on the image below.
Ole Hansen, Head of Commodity Strategy at Saxo Bank: Today’s bounce in silver and gold starting to look a bit interesting. Gold/Silver ratio challenging recent lows around 68.5 (see chart below).
Gold Rally Looking Very Strong
The Daily Shot: The US budget deficit continues to widen (see chart below).
Disastrous US Budget Deficit Continues To Worsen
The Daily Shot: Bearish equity investors are capitulating (see chart below).
Stock Market Bears Capitulating
The Daily Shot: The US banking system loan-to-deposit ratio hit a new low (see chart below).
US Banking System Loan To Deposit
Ratio Hits Record Low
King World News note: Meanwhile, lumber futures continue to skyrocket (see chart below).
Lumber Futures Continue To Skyrocket
***To listen to Dr. Stephen Leeb discuss the timing for gold taking off toward the $20,000 level CLICK HERE OR ON THE IMAGE BELOW.
***To hear Alasdair Macleod discusses extreme shortages in the silver market CLICK HERE OR ON THE IMAGE BELOW.
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