From a big picture perspective a historic gold breakout is underway, and even though there will be some volatility along the way, the price of gold is definitely set to accelerate higher in 2024.
Gold Breakout
March 12 (King World News) – Graddhy out of Sweden: Gold is breaking out on daily, weekly, monthly and quarterly. Said gold would breakout. Now it is.
MASSIVE GOLD BREAKOUT UNDERWAY:
Gold Price To Accelerate Higher In 2024
Miners Will Eventually Boom
The margin expansion on some quality optionality plays among the miner companies is going to be more than astronomical.
So it begins. Get ready. And, always know the very big picture…
In Times Of Increased Uncertainty
First, The Problem: An Undeniable Currency/Wealth Crisis & Transformation.
Fiat currencies are openly entering the last chapters of their once illusory but now steadily declining purchasing power and global credibility. La plus ça change…
This slow and steady spiral of fiat currency strength and the consequent risk of wealth destruction is nothing new. In fact, all debt-soaked systems throughout history have ended with a debased and then broken fiat currency. This is true without exception—from Ancient Rome to the Modern West.
Today’s global currencies are empirically following the same familiar pattern. In a global setting of unprecedented (and rising) debt levels which have risen from $258 trillion in 2020 to well over $330 trillion by 2022, etc. 2023, etc. 2024…
Out Of Control Spending:
The US Portion Alone Is Trillions
In early 2002, this legend made major investments for himself, his family a his group of investors into physical gold when the price was $300 per ounce.
His company is now the world leader for direct investor ownership of physical gold and silver outside of the banking system. It is also the industry leader in wealth preservation through precious metals for HNW clients in over 90 countries seeking private and unencumbered ownership of their assets outside of a fractured commercial banking system.
To listen to this amazing interview about the surge in the price of gold over $2,200 this week as well as the coming mania in the gold market, silver, inflation, and what to expect next CLICK HERE OR ON THE IMAGE ABOVE.
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Gold Miners To Finally Outperform Stocks!
Graddhy out of Sweden: GOLD: This ratio chart shows that miners are most probably going to outperform general equities going forward.
No need for great big picture charting to be complicated.
So it begins.
Gold: The Metal Of Kings
Graddhy out of Sweden: Gold is up $500+ US dollars from 2022 major cycle low. Most will change mindset way too late and buy close to the top, as usual.
Been saying for 10 weeks now that Gold has a blue breakout on quarterly.
QUARTERLY GOLD CHART BREAKOUT:
Metal Of Kings Will Assert Itself In 2024
Now gold is also above 2020 all-time high at $2,089 plus 2023 Dec 4th all-time high of $2,152.
To listen to one of Egon von Greyerz’s best interviews ever CLICK HERE OR ON THE IMAGE BELOW.
To listen to Alasdair Macleod discuss the price of gold breaking above $2,200 CLICK HERE OR ON THE IMAGE BELOW.
JUST RELEASED!
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