Gold Officially broke out as you all know Silver will outperform Gold but they will both be moving up. As I said bull flag on long term charts.
No one else is saying this but interest rates will be 0% at the end of 2020
The FED will be buying even more bonds back at a faster pace than in 2019
Do not believe the 2% Inflation lies, Inflation by the 1980s method is actually 9% (shadowstats) and will be going up over the coming years
The FED (pretending we have no inflation) said that inflation will be moving up, well it will be
Generally they say not to let the inflation out of the bottle because it is hard to put back in
Paul Volcker (FED Chairman under Regan) crushed the previous inflation in the 80s when it got over 10% (which is similar to real inflation now) he had to raise interest rates to 20%, we have a much higher debt to GDP ratio than we did in the 80s
We have over 23 trillion in Federal debt not to mention all time record high debt in credit cards, mortgage, auto etc. imagine raising interest rates to 20% now, just to do a little math in we had to pay 20% on 23 trillion we would be running a 5.8 trillion dollar deficit (25% of GDP deficit) now we run roughly a 1.2 trillion dollar deficit
The data above is bullish for metals and miners and bearish for the dollar and Americans; based on current trends, eventually the dollar will not be the reserve currency anymore
WHEN INFLATION GETS OUT OF CONTROL THE FED WILL HAVE NO WAY TO FIGHT INFLATION WITHOUT COLLAPSING THE ECONOMY (WHICH IS NOW DEPENDANT ON CHEAP INTEREST RATES AND QE) MUCH FURTHER - THIS IS THE SECOND MOST BULLISH SCENARIO FOR GOLD, SILVER AND MINERS
HYPERINFLATION is not in the cards anytime soon but if the FED never reverses course anytime soon, it will eventually be inevitable - HYPERINFLATION is the most bullish scenario for Gold and Silver but I really hope the FED doesn't let it get that bad because so many people will be impoverished
No one else is saying this but interest rates will be 0% at the end of 2020
The FED will be buying even more bonds back at a faster pace than in 2019
Do not believe the 2% Inflation lies, Inflation by the 1980s method is actually 9% (shadowstats) and will be going up over the coming years
The FED (pretending we have no inflation) said that inflation will be moving up, well it will be
Generally they say not to let the inflation out of the bottle because it is hard to put back in
Paul Volcker (FED Chairman under Regan) crushed the previous inflation in the 80s when it got over 10% (which is similar to real inflation now) he had to raise interest rates to 20%, we have a much higher debt to GDP ratio than we did in the 80s
We have over 23 trillion in Federal debt not to mention all time record high debt in credit cards, mortgage, auto etc. imagine raising interest rates to 20% now, just to do a little math in we had to pay 20% on 23 trillion we would be running a 5.8 trillion dollar deficit (25% of GDP deficit) now we run roughly a 1.2 trillion dollar deficit
The data above is bullish for metals and miners and bearish for the dollar and Americans; based on current trends, eventually the dollar will not be the reserve currency anymore
WHEN INFLATION GETS OUT OF CONTROL THE FED WILL HAVE NO WAY TO FIGHT INFLATION WITHOUT COLLAPSING THE ECONOMY (WHICH IS NOW DEPENDANT ON CHEAP INTEREST RATES AND QE) MUCH FURTHER - THIS IS THE SECOND MOST BULLISH SCENARIO FOR GOLD, SILVER AND MINERS
HYPERINFLATION is not in the cards anytime soon but if the FED never reverses course anytime soon, it will eventually be inevitable - HYPERINFLATION is the most bullish scenario for Gold and Silver but I really hope the FED doesn't let it get that bad because so many people will be impoverished
