The globalist push for central bank digital currency is ramping up -- leaves gold and silver as the true sound monetary alternatives amid central bankers’ emerging new digital currency regime.
A few financial journalists and market analysts lately have noted the seemingly anomalous and counterintuitive behavior of the price of gold, which has fallen amid the greatest burst of money creation in history and the explosion of commodity prices.
As I have said many times, after many years of market study, I have found no better analysis methodology that provides market context better than Elliott Wave analysis.
I've avoided the pandemic, politics and economic doomsday as topics recently because there's only so much one can say about them. This is especially true of the coming bear market.
Who could benefit? Well, there’s the gold mining sector, which has logically and rightly been impaired by cyclical inflationary forces. Gold sentiment is registering an extreme on the Bleak-O-Meter.
Owning fungible gold and silver bullion gives you liquidity similar to cash since precious metals are widely recognized and traded everywhere in the world. And their value will endure long after any online fads have fizzled.
This is a massive poker game. The market knows the Fed has a strong hand, but doubts the Fed’s willingness to play it. The Federal Reserve hopes markets will fold.
