I believe the planets are now starting to align for precious metals, it’s been nearly two years of unbridled world wide quantitive easing (money printing) and record low interest rates… Causing investors to go delirious on “risk on” assets, and fuel a huge “debt bubble”… now the tide is turning with the inflation Genie being let out of the bottle.. they now must stop printing & raise rates into a slowing economy then tighten the balance sheet.. which will crash the debt & asset bubbles around the world… if they don’t raise rates… and decide to flip on tightening, then inflation will continue to rise…. Gold is now getting some love as a “risk off” asset or/& inflation hedge, so will do well in hot inflation environment or when tightening takes place and threatens to crash the markets.
The reality now for those who own PMs, your in a checkmate position… what ever your opponent attempts to do is now futile… (Russia & China know this too) this game of chess is in its last throws.. it’s just a matter of time before you call checkmate on your opponent… try not to look at the PM price at this stage, or the stock price, it’s all just noise that will discourage you… the geopolitical games being played out right now are only going to accelerate the ending of the game… it’s not too long before money moves from the impatient to the patient… if you have been quietly preparing for what is inevitably ahead, you may weather the storm (at least much better then most)… the clouds are certainly gathering now, can you see them?
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