Over the past 100 years there has been a correlation between major equity bear markets, adjustments in one of the four “prices of money,” and gold bull markets. If we let history be our guide, the current equity bear market is signaling a new gold bull market, supported by changes in the price of money.
This is great advice, but at the 'Mum & Dad invester' level in the real world of high mortgages (due to slow land release and record low interest rates leading to easy access to loans), relatively high interest rates, high energy prices, crazy-high fuel prices,
slow-to-no inome rises, governments 'hell bent' on the high ideals of '90's Green-dreams, 'Climate-carbon credit' greed, a cashless society with a CCCP style 'Social credits' system and a digital ID card on the way, living in the inconsequential city of Melbourne Australia.... what does the Coming Gold Bull Market mean for me?.... translate please...
This is a sharp and timely analysis. The point about the Fed stepping in to cap yields across the curve really resonates especially given the sheer scale of U.S. debt that needs financing. If inflation continues to run above the yield curve, the long-term purchasing power of the dollar inevitably erodes, and that makes gold’s role as a safe haven even more compelling. We’re already seeing investors and central banks diversify away from U.S. Treasuries, so the flight to gold feels less like speculation and more like a structural https://www.boldpreciousmetals.com/gold-bullion
This might help to put things in perspective...
https://finiche.substack.com/p/the-big-portfolio-refresh-202301
Thanks Zoltan that very much fills in the gaps...
This is great advice, but at the 'Mum & Dad invester' level in the real world of high mortgages (due to slow land release and record low interest rates leading to easy access to loans), relatively high interest rates, high energy prices, crazy-high fuel prices,
slow-to-no inome rises, governments 'hell bent' on the high ideals of '90's Green-dreams, 'Climate-carbon credit' greed, a cashless society with a CCCP style 'Social credits' system and a digital ID card on the way, living in the inconsequential city of Melbourne Australia.... what does the Coming Gold Bull Market mean for me?.... translate please...
This is a sharp and timely analysis. The point about the Fed stepping in to cap yields across the curve really resonates especially given the sheer scale of U.S. debt that needs financing. If inflation continues to run above the yield curve, the long-term purchasing power of the dollar inevitably erodes, and that makes gold’s role as a safe haven even more compelling. We’re already seeing investors and central banks diversify away from U.S. Treasuries, so the flight to gold feels less like speculation and more like a structural https://www.boldpreciousmetals.com/gold-bullion