With the price of gold trading more than $20 higher and the price of silver surging over 50 cents, this is definitely pushing the price of gold higher today.
“We Will Do Whatever It Takes”
October 21 (King World News) – The Daily Shot: Central banks now own some $16 trillion worth of bonds.
Central Banks Now Own $16 Trillion Of Bonds!
Are We At War?
Liz Ann Sonders, Chief Investment Strategist at Charles Schwab: U.S. government’s spending this year has amounted to 33.6% of GDP … in 200+ years of data, that only rivals WWII period of 1943-1945 (see chart below).
GOVERNMENT SPENDING = 33.6% OF GDP
World War II Last Time We Saw This Much Spending
Close To Record
Liz Ann Sonders, Chief Investment Strategist at Charles Schwab: Global negative-yielding debt approaching August 2019 peak of $17 trillion … total has nearly doubled since trough earlier this year during plunge into COVID19 crisis (see chart below).
Global Negative Yielding Debt Near All-Time Record!
One of the top performing silver stocks in the world! To learn about the
opportunity in SilverCrest Metals click here or on the image below
Pushing Gold Price Higher Today
More Fuel For The Gold Bull Market!
Australian Dollar And Raw Industrial
Commodities Now Headed Higher!
Raw Industrial Materials Breaking Out!
King World News note: All of the wild central bank money printing and market interventions coupled with ramping commodity inflation is extremely bullish for the prices of gold and silver going forward. Continue accumulating physical gold and silver and use any smashes to add to positions in the the high-quality mining and exploration stocks as well.
MAJOR GOLD BULL ALERT
***ALSO JUST RELEASED: MAJOR GOLD BULL ALERT: Big Money Now Short US dollar And This Is Why That Will Translate Into Massive Gains For Gold CLICK HERE.
***To listen to the powerful KWN audio interview with Alasdair Macleod discussing the incredible crisis the world is facing and how it will impact major markets, including gold and silver CLICK HERE OR ON THE IMAGE BELOW.
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