Bullion News Review: May 27th – May 31st
A summary of bullion market news over the last week
1. The Perfect Storm for Gold is Brewing
Dimitri Speck, an expert in the field of pattern recognition and developing trading systems, analyses why the perfect storm for gold is brewing. Speck talks about this history of gold manipulation and the macroeconomic factors that are impacting gold today, making it as a safe alternative compared to other investments. Speck highlights that we are in a stock market bubble and with the recent inversion of the yields, if the stock markets don’t rise, then the manipulation of the gold price will not last long.
https://youtu.be/V9vFMhyxmiA
2. The Best Time to Buy Gold Is Now
Another brilliant article by Greyerz that encourages investors to move against the ‘herd mentality’ and stop buying overvalued stocks, property and bonds. The best time to buy assets? When they are undervalued and no one is talking about them. Much like gold is at this very moment.
Did you know that in this century gold has greatly outperformed stock markets? Or that since 2002, the growth in the price of gold has meant a 5x wealth increase in the Bristish pounds and a 4.5x wealth increase in the Swedish Kroner? Just like 2002 when gold was an undervalued and unnoticed asset, we are now experiencing the very same situation. Gold in Bristish Pounds, Swedish Kroner and US dollars are all showing signs gold is on the verge of break out, while stocks on the other hand, have turned down. Interestingly, no one is talking about it!
CHECK OUT THE ARTICLE
3. Stock Market Danger Means Gold to Soar to New Highs!
Gold is continuing to gain strength as investors become more concerned with the slowing of the global economy. As people become more interested in wealth preservation and safety, it means less people are interested is risk-related investments. The risk in the stock market is becoming increasingly clear and this is excellent news for gold.
The recent peaks and troughs for the stock market are in sync with the peaks and troughs for the price of oil. If oil can’t rise with Iran being pounded by US government sanctions, something is wrong. Oil could crash if there’s a softening of the sanctions and that could cause a stock market crash.
In the article below, Stewart shares 24 facts addressing the rising gold price and stock market weakness:
READ THE FULL ARTICLE
