Precious metals are apparently waking up. And here is where you can find the best deals.
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‘Bond King' Says The Next Big Move In The Markets Will Be Gold (Spoiler Alert: It's To The Upside)April 26, 2018
Just how big of a move is Jeff Gundlach expecting? His price surge includes a comma. Here's where gold is headed and why...
The fear over 10-year U.S. Treasury yields breaking through 3 percent has been a long time coming, according to Societe Generale SA.
The US Treasury sold $29 Billion in 7-year Treasury notes. The 7Y high yield was 2.952%. Yes, Treasury investors are taking us higher. But the 10Y-7Y segment slope is being taken LOWER. Treasury Secretary Steve Mnuchin says "Thank you."
Continuing Jobless Claims Lowest Since 1973 (Also Nixon). The jobless claims in the US keep falling as if there was a spell on the US economy....
Venezuela’s currency devaluation is so out of control the stock market is about to bust.
"When fear prevails benefits will be lost entirely. It’s an unsolvable problem. It will happen. And it will devastate many Americans."
"Unless the Fed completely reverses their tightening strategy – which they inevitably will – things are only going to get worse."
"Widening corporate spreads, especially over the past decade, have regularly been met with falling stock prices."
Christian expects gold & silver prices to rise sharply between now & 2024, probably to record prices by 2022 to 2024 for both gold and silver.
Since 1991 is $2,263. “Anything lower than this signifies the economy is doing well, Anything above this indicates the economy is not doing well.”
"China was small in the gold industry 20 years ago but has gone through a spectacular transformation.”
In terms of gold and crude oil vs. purchasing power of gold in terms of crude oil
Former Citigroup Chairman & CEO Sanford Weill, the man who invented the financial supermarket, called for the breakup of big banks in an interview on CNBC.
Gold prices could see gains after the Fed's meeting in June as the U.S. dollar is expected to trend weaker in the second half of the year.
It is also true that accelerating inflation, expectations for which can be a driver of higher Treasury yields, can eventually lure investors into the shelter of gold.
Craig says the concern is the dollar, and if the dollar gets this critical level, we could be staring down another spec wash in the metals. Here's the details...
"Gold can be ranked among robust financial assets. Gold is robust (in a financial rather than a physical sense)."
"Following the sale of its of gold, Canada’s market debt has surpassed $1 trillion in a historic milestone."
The US dollar will no longer be seen as the reserve currency. See's a recession at 60 percent
You can see how housing prices are out-of-line with incomes, rents, etc. This is how the Fed drives economic "recoveries."