The World is Dividing into Two
Gold stocks are on fire.
When I pounded the table just a few weeks ago, the GDXU was trading at 80. Right now, it’s trading over 160.
This is 100% in less than a month.
What’s happening?
Interest rates are surging higher, but the Federal Reserve isn’t intervening, because the stock market is trading at an all-time high, oil prices are well below $100 and economic growth (jobs and manufacturing) are strong.
Instead, Scott Bessent at the Treasury department is doubling the buyback of longer-term bonds, by issuing short-term bonds.
Knowing Bessent, this means he believes short-term yields are peaking and revenues for the government are rising, so this is smart.
It also means the U.S. doesn’t have to wait for the Federal Reserve anymore to hike interest rates, therefore silver and gold are surging!
Markets won’t like this… it’s NEW to them, so my thesis on a big correction in September remains intact, BUT gold stocks seem to provide the PERFECT HEDGE.
I explained this for months and I sure hope you were paying attention. I’m EXTREMELY BULLISH!
Best Regards,
Lior Gantz
President, WealthResearchGroup.com
Disclosure/Disclaimer:
We are not securities dealers or brokers, investment advisers or financial advisers, and you should not rely on the information herein as investment advice. We are a marketing company and are paid advertisers. 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. Examples that we provide of share price increases pertaining to a particular Issuer from one referenced date to another represent an arbitrarily chosen time period and are no indication whatsoever of future stock prices for that Issuer and are of no predictive value. Our stock profiles are intended to highlight certain companies for your further investigation; they are not stock recommendations or constitute an offer or sale of the referenced securities. The securities issued by the companies we profile should be considered high risk; if you do invest despite these warnings, you may lose your entire investment. Please do your own research before investing, including reading the companies’ SEDAR and SEC filings, press releases, and risk disclosures. It is our policy that information contained in this profile was provided by the company, extracted from SEDAR and 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 WealthResearchGroup.com/disclaimer