Gold shining through the darkening clouds

Incrementurm/Chart Book/Ronald-Peter Stoeferle Mark J. Valek/October2019

“As we have forecasted, due to growing recession risks, central banks are about to conduct a big ‘monetary U-turn.’ Expect more QE, lower rates and MMT-style policies like ‘QE for the people.’ The erosion of trust in many areas plays into gold’s hands. An end to these crises of trust is not in sight. The steady buying of gold and the repatriation of central bank gold indicates rising mutual distrust among central banks.”

USAGOLD note: A selection of important charts sprinkled with thought-provoking quotes from some of the best financial minds in the business. Important weekend reading at the link above. . . . . . .

from Timor Invest https://ift.tt/32NZKtf