Precious Metals News Blog Keep Updated
Now is the time to start pulling back a little bit on the investment throttle!
We have multiple parties fighting over pieces of the same pie, all hoping that Uncle Sam will step in and save them!
This pattern, if triggered, may be quite powerful, as it implies a $1,520 target for gold.
Corporate Debt has now reached $10 trillion, which means it is 60 percent higher than it was a decade ago!
The question is, with the debt level where it is, can central banks ever afford to let interest rates go back up because it will lead to a major bankruptcy wave!
What kind of asset classes can be used for this kind of purpose?
Do not be picking up dimes in front of a steam roller! The fundamentals are poor and the valuations are high!
These things always start small, where people are not looking and then they work to the major markets.
February and October of last year proved beyond a doubt how fragile this market is!
I believe we'll see a huge rally as investors once again flock to this safe-haven asset! And it could happen relatively soon!