Stocks, commodities and precious metals are bullish, as anticipated, but post-election balance will shift
As well, that which we’d been anticipating these last few weeks finally came to fruition: with the 4000 floor essentially having held, our “Baby Blues” of trend consistency sufficiently rose to rotate what had (for Gold) been a negative regression trend across 66 trading days, and (for Silver) 46 trading days, back to positive.
Asia already accounts for about 60 percent of global consumer gold demand. In fact, Western investors largely sat out the bull run last year, only jumping on the bandwagon last fall. When Western investors begin to understand the dynamics driving Asian investors, they may well join the party.
So, gold is already moving, central banks are buying, HNW individuals still have record wealth tied up in extremely liquid savings, top level corporate insiders have sold US$77 billion worth shares this year, the second-fastest selling pace in over 20 years, trailing only the stimulus-fueled peak of 2021 and gold ETF’s are starting to see inflows instead of outflows.
It’s certainly possible to profit from these things, but it’s more important to simply survive them. As a practical matter, in a depression, everybody loses. The winners are those who lose the least.
I was, and still am, concerned about the potential for a serious generational crisis later this decade, one that could have a profound impact on all markets. That concern became more personal after the events of 2020...
