The Third Bull Run for Precious Metals
"Historically, since the gold standard was removed in 1971, gold’s price has had two major “bull market” fluctuations, from 1971 to 1980 and from 1999 to 2011."
"Historically, since the gold standard was removed in 1971, gold’s price has had two major “bull market” fluctuations, from 1971 to 1980 and from 1999 to 2011."
"The Coronavirus panic has therefore been a convenient excuse to extend the stimulus and liquidity provision by slashing rates towards zero."
"Consider diversifying your assets and taking back control of your portfolio."
"...there mounting evidence it may not work."
"Six days. That’s all the time it took for the S&P 500 to fall more than 10% from a record into a correction. That’s the quickest turnaround of the sort ever..."
"The stock market, however, is a strong leading indicator of investor expectations of growth over the next 12-months. Historically, stock market returns are typically favorable until about 6-months prior to the start of a recession."
"But don’t worry, the Fed has already committed to more quantitative easing. Whoopee! Kick that can, Jerry."