Gold & Silver

Just how long can the Continuum continue before inflation gets out of control and decades of inflated chickens come home to roost?

Today’s infographic comes to us from Endeavour Silver, and it outlines some key indicators that precede a coming gold-silver cycle in which exposure to hard assets may help to protect wealth.

The current silver bottoming process, albeit longer, is very similar to that of 2001 to 2003. Back then that base set up a bull rally that continued until 2011. The USD is making its last attempts to go higher before experiencing a major decline and when that decline starts (which is likely to be soon), the silver price will take off in a big way.

Precious metals are looking like a great alternative these days given all the uncertainty - trade war, high corporate debt, high federal debt, possible negative interest rates, etc. - that exist in the economic environment out there. This article analyzes which metals to choose. The typical choices are gold, silver, and platinum.

If you are ardently bullish about gold, you might want to revisit your expectations. Are they realistic or are you being carried away by a tide of emotional optimism?

Do you know which country holds the most gold in its vaults? The number one country actually has almost as much as the next three countries combined.

I know you are tired of me saying, “big patterns lead to big moves” but the charts to follow will show you exactly what I mean by that statement.

Central banks continue to gobble up gold driven by an effort to minimize exposure to the U.S. dollar, especially by countries like Russia and China.

A few years back I published an article that itemized what 148 supposed experts of the day were predicting for the future price of gold and as it turns out none of them – not one – knew what they were talking about. By trying to do so they were all playing a fool’s game, a game reserved for the brave but foolhardy.

The chart below measures the performance of spot gold versus the S&P 500 Index versus during 11 crisis periods since 1985. Gold returned an average +6.4% compared to -21.7% for the S&P 500 for these 11 crisis periods.