I want to show you a chart of the amount of shorting that’s happening with the dollar so you can see what I mean. When kids are enjoying vanilla ice cream, no parent wants to take that cone away and tell the child that too much ice cream can cause tooth pains and weight problems, but I have to be the RESPONSIBLE ADULT.
When mainstream media outlets are interviewing gold fund managers and predicting MUCH HIGHER prices and these video clips go viral and get WIDESPREAD ACCEPTANCE, we need to watch out and be suspicious of euphoria.
Shorting the dollar is as popular as it was in the 2011 MANIA PHASE for silver, as you can see. So, is this the TOP FOR GOLD?
The answer is NO.
If you look at the chart, you’ll also see that in the decade of the 2010s, the LONG DOLLAR trade was much higher than it was at any point in the decade of the 2000s.
Having said that, the trend looks MUCH MORE like 2004’s breakout in gold and silver than it does 2011’s.
If that’s the case, it would take a few months to build a base in the $1,850/ounce range for gold and the $26/ounce range for silver.
If our assessment is correct, the next move for the metals will be THE MOST DRAMATIC yet, which means that silver can even DOUBLE and get to $50/ounce – and even rise above that.
As you can see, for the first time since 2008, the world favors the euro over the dollar.
This isn’t a trend that reverses and turns on a dime, but rather tends to be long and strong.
It's clear that what the FED was “selling” the world in the past decade – the false promise that it would raise rates, it would normalize them, and it wouldn't go down the path of the European Union and the Japanese – has BLOWN UP in their faces.
Investors no longer believe that the Federal Reserve will normalize. It’s not that they’ve LOST FAITH in what the bank says because the situation is pretty much the same as it’s been for years: investors still “BUY” what the FED says it will do, even though they’ve been proven to be incapable of delivering.
Right now, the FED is saying that it won’t be raising rates for years, it has no intention of normalizing, and it's looking to let inflation overshoot. This kind of talk is driving the RUSH TO THE EXITS on the dollar.
Has gold peaked, then? YES, but only for the next few months, after which it will GO ABOVE $3,000. Has silver peaked? PROBABLY, but only for the next few months because if our analysis is right, silver is headed towards NEW ALL-TIME HIGHS.
EXCLUSIVE REPORTS, Featured In This Article and in Others, Which Are Considered ESSENTIAL READING:
- Gold Investing – DOWNLOAD HERE!
- Trump’s War with Mainstream Media – DOWNLOAD HERE!
- Covid-19 Round2 Sell-Off Playbook – DOWNLOAD HERE!
- Why The Dollar Is Dead – DOWNLOAD HERE!
Biden's inflation is GETTING WORSE by the month...
Around the world, supply chains continue to be disrupted. Delays are now commonplace. And they're going to get worse.
There IS a financial reset coming - that's just true. All the signs indicate as much.
There is NO time to waste...
Download your Ultimate Reset Guide Now! YOU CANT' AFFORD TO WAIT.
We are not brokers, investment or financial advisers, and you should not rely on the information herein as investment advice. If you are seeking personal investment advice, please contact a qualified and registered broker, investment adviser or financial adviser. You should not make any investment decisions based on our communications. Our stock profiles are intended to highlight certain companies for YOUR further investigation; they are NOT recommendations. The securities issued by the companies we profile should be considered high risk and, if you do invest, you may lose your entire investment. Please do your own research before investing, including reading the companies' SEC filings, press releases, and risk disclosures. Information contained in this profile was provided by the company, extracted from SEC filings, company websites, and other publicly available sources. We believe the sources and information are accurate and reliable but we cannot guarantee it.
Please read our full disclaimer at TheNationalSentinel.com/disclaimer