mercoledì 30 ottobre 2019

Gold market secular update

After a gold dull market from 2011 until june 2019, with an intermediate top in august 2016, due mainly to the market manipulation and the bitcoin market appearance, currently , the gold market could be ready for the start of a huge bull market for the next two or three years, as a minimum.
The current inversion of the bond yeld curve as a precursor of a coming deep economic crisis, the negative yeld in the bond market, a series of excesses in the central bank quantitative easing since 2008,strong inflation, the presence of negative real interest rates, a number of important geopolitical crisis and an irrelevance and absence  of the EU as a political powerhouse will be the major reasons of the start of the next bull market in gold and gold stocks.