Bullion News Review: February 27th 2022
GOLD is the word, as prices break out and hold above $1900 USD !
Gold Up 6% (Bitcoin Down 30%): Clear Sailing For Gold, Price Will Be Above Yearly Rate Of Inflation In 1 Or 2 Weeks
This week’s video is brought to you by the well renowned Peter Schiff. He covers how supply is decreasing faster than demand, how the fed will fight recession with more inflation, how falling bitcoin proves it’s a poor hedge against the rising inflation, and what does it mean for the market with Russia invading Ukraine.
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Gold price will power to $7,400; Rally is far from over as ‘perfect storm’ brews
While geopolitical tensions may provide a short-lived rally in safe-haven assets like gold, there is no denying that the metal is still in a long-term technical bull cycle that mirrors the beginning of 2008, said Chris Vermeulen, chief market strategist of TheTechnicalTraders.com. Vermeulen told David Lin, anchor for Kitco News that gold is set to hit…..
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Gold & Silver Short-Term Outlook, Another Record, And A Remarkable Call
The inflation we are experiencing now is grounded in debt and a currency debasement war, and not demand because of a healthy economy. This means the consequences will be different and much more severe this time around. Changing fiat paper currency for hard assets is the way to go.
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