The Last Real Hurdle
The markets have moved past Omicron. It is the belief of Wall Street, as it is my own that this variant was used as a tool of the media to scare and though it succeeded in the morning of Black Friday, Wall Street has fully gotten over it!
It’s been refuted and acknowledged that we are continuing to open back up and fight for liberty and freedom of choice! The NASDAQ is over 2% today!
In Europe, riots include hundreds of thousands of people that are saying: “Enough is enough.”
The markets have already discounted gold for some of the worst-case scenarios and have been selling on strength and dumping on good jobs numbers, on days of FED threats over aggressive tightening and driven away any speculators from it (they went to Bitcoin).
Gold has little hope about it and the markets are even more concerned over governments restricting again and causing more unknowns, but the once the dust clears, there really isn’t much that the markets aren’t aware of.
The only thing holding gold back is fears of over-reaction by governments and I think that governments understand that we are transitioning to “living with the issue” and not closing down on every variant report.
Inflation is a well-known struggle, so are a tight jobs market and the likelihood of aggressive tightening by the Federal Reserve.
After all of this, gold is STILL near $1,800/oz, a price that was considered to be a dream just three years ago, since in September 2018, the price bottomed at $1,180.
No one can call the bottom (only after the fact), but the downside risk can be gauge and we believe that Wall Street has taken into account all of the negatives and, therefore, we are about to publish a new profile of a gold company, since we think the timing if epic.
Expect a full overview in mere hours!
Best Regards,
Lior Gantz
President, WealthResearchGroup.com
Governments Have Amassed ungodly Debt Piles and Have Promised Retirees Unreasonable Amounts of Entitlements, Not In Line with Income Tax Collections. The House of Cards Is Set To Be Worse than 2008! Rising Interest Rates Can Topple The Fiat Monetary Structure, Leaving Investors with Less Than Half of Their Equity Intact!
Protect Yourself Now, By Building A Fully-Hedged Financial Fortress!
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