In 2022 gold held its own while the rest of the investment universe was taken to the woodshed. So what will 2023 bring? Late-year gold ETF stockpile gains hint at renewed institutional interest.
Be skeptical if stocks start the new year on a positive note, since that would be the perfect way for Mr Market to set the hook to trap bulls and bears alike.
The bottom line is gold will increasingly reflect this latest inflation super-spike in 2023. Gold investment demand will return with a vengeance as 2022’s illusions are dispelled.
In 2022, legislators in 11 states across the U.S. introduced 24 pieces of sound money legislation. These bills seek to eliminate taxation on the sale and purchase of gold and silver..
Andrew Maguire shines a light on his whistleblowing origins, which began following an investigation with the CTFC and DOJ into national-level banks rigging the price of gold and silver in 2008.
Every time there is a reset, gold steps up and does the accounting. Gold and silver have served as the reference point of value since the origins of money and is that against which currency will be re-evaluated.
Speculative interest in gold and silver may not catch fire until there is more clarity about when the Fed will pause or perhaps reverse course on rate hikes.