Loading ...One thing about being stubborn is not giving up so easy, I think we all have that in common.
Yes we’ll have to pick or battles too and there’s plenty to choose from.
But in the meantime like the quote in the terminator “ get up solider.”
arm yourself with knowledge that can give us a better chance.
Here’s what to watch for when gold will rise. “ Not meaning to infinity” or someone’s magical number but what’s going on cuz like the Fed is doing now can change things. I’m sharing homework. You hear people talking about timing but they don’t know fundamentally when the timing is.
Look for this happening.
I learned this from Michael Pento and still doing my homework on it but I’ll share what I have and or am learning at this time.
He hands you the fishing pole not the fish.
When the real yields start to fall. “ In anticipation of a crash.”
Ref: homework
Outside of equities, the inverse relationship between gold and real yields also stands out, with the yellow metal rising when real yields fall and declining when real yields rise.
When the credit market freezes. The Fed is going to lower interest rates significantly.
Then look for them to “re-liquify” the credit markets.
The falling dollar.
So if we have nominal rates flat, inflation rising, real interest rates to fall and that’s rocket fuel for gold.
He also mentioned utility’s falling is good miners too. I’m not sure about that one happening lol