Last week, I laid out four reasons for why this gold rally will be bigger than anything we’ve ever seen. I explained how central banks are buying up piles of gold… how China is using the metal to remove its dependence on the U.S. dollar… and why the Fed’s shifting strategy is bullish for the sector.
An epic gold bull market is on the menu for 2019. I’m not talking about a garden-variety cyclical gold bull market, but rather one of the biggest gold manias in history. This gold mania will be riding the wave of an incredibly powerful trend… the re-monetization of gold.
The U.S. Federal Reserve’s FOMC meeting decision, followed by uncertainty over the geopolitical climate in the Middle East were the two primary factors that drove market moves this week. The ongoing trade spat between the U.S. and China also remains unresolved and can be expected to trigger further market volatility ahead of the G-20 meeting in Japan next week.
All countries have a “shelf-life” of sorts. Generally, they begin when an old, top-heavy government collapses from its own weight. The end of the old regime is characterized by civil unrest, revolution, secession, economic collapse or some combination of these conditions.
Geopolitical tensions in the Middle East erupted again this week as Iran was accused of attacking two oil tankers in the Gulf of Oman, as well as supporting an attack against an airport in Saudi Arabia.
The gold/silver ratio keeps climbing. And climbing and climbing. When is this darn thing going to reverse and see silver finally outperform gold?
Ancient Greece is credited as raising the societal structure to new heights. Whenever this period is referred to, philosophers and historians are quick to mention that the ancient Greeks gave the world Democracy.
Our resident precious metals guru, SWP General Manager Mark Yaxley, answers the question “What should I look for when considering storing precious metals offshore?”
In 2016, James Delingpole commented that toffs hate Brexit because it’s the Peasants’ Revolt.
As precious metals investors know all too well, gold and silver prices haven’t moved much for the past 5+ years. And along with that stagnant price environment has come low volatility.