Central Banks Secretly Buying Gold via Hong Kong
Koos Janssen provides evidence that central banks are saving the gold price.
Posts
Neutral price of gold and copper
The neutral price of gold (derived from Shanghai gold premiums) and the neutral price of copper (derived from Chinese scrap copper premiums). Gold is outperforming copper.
QT and Rate Cuts
The next stage will be QT and rate cuts. Bond yields rising and fed funds rate dropping means uninversion of the yield curve. That is bullish gold.
Sprott Holdings Update
Sprott holdings update . Sprott bought: Orla Mining, IAMGold, Teck Resources, Endeavour Silver Sprott sold: mostly silver and lithium miners: PAAS, SILV, MAG, SBSW, GATO, MUX, ALB
Bond Yields Going Much Higher
As fiscal spending rises along with less money printing. Bond yields will soar .
Bond yields will soar
Yellen is about to borrow 1 trillion dollars in Q3. Bond yields will soar. Marc Faber expects bond yields to reach 15%. How do we position ourselves? Buy gold!