Brickman says the East will be the ones to dictate what is money, not the West. The rise in precious metals prices will be fast, and it will become extremely difficult to invest in silver and gold.
Simply put, gold does well in stagflationary environments because it benefits from the elevated risk environment, high inflation and falling real interest rates (interest rate minus inflation).
Gold’s ascent rests in no small part on central bank buying, especially from Asia and other emerging markets, writes Bloomberg. This demand is likely to continue throughout 2024.
Gold declines may be underway following an intermediate top. We will buy on pull backs, but it's too difficult to predict the top at this point. Don't try to catch every penny with trades.
CEO Williams: "Our PFS metallurgical test program has demonstrated the exceptional metallurgical properties of Silver Sand."
Stagflation is good for commodities but bad for the stock market. Gold's uptrend is intact unless we break under $2,300. Then we’d shift to a slightly deeper correction and for maybe a bit longer.
