Amount of Gold Required to Purchase a House: 1979 vs Today
House prices have only risen for those using government paper to buy them. They're cheaper than several decades ago if you're using real money, i.e. gold.
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House prices have only risen for those using government paper to buy them. They're cheaper than several decades ago if you're using real money, i.e. gold.
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In this video, Kevin Wadsworth outlines the 30-year bond yields and the ever-increasing national debt. We're in some sort of final death and debt spiral. Unlike in the past, we can't raise rates so how this plays out is anyone's guess. Patrick Karim discusses how real rates compare with gold and...
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Gold - We just had an 8 month correction (the launchpad). We bounced off my arc (the engines firing). Real yields are turning negative again (rocket fuel). Is gold price heading "to the moon" ?
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Gold/Silver Ratio testing major support. If it breaks, expect silver to take off to the upside, reaching $30 in short order.
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Gold will fall hundreds of Dollars on its way to $5000, $10,000 or more. It's crucial to be mentally prepared.
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Quarterly charts show the bigger trend. Even if silver fell another 25%, it wouldn't alter the huge bullish set-up here.
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Gold/Silver ratio has broken down. Gold and silver big picture and latest breakout.
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Gold/Silver ratio breaking down again. A huge silver bull market is being born.
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A move to 20% above the 60 day moving average would take us towards $2200.
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Silver has broken out. MACD bullish cross and now above zero.
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Bearish rising wedge appears not to have been valid. The bullish H&S trumps it.
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I am more bullish than ever on precious metals. Look at these charts - big picture, nothing has changed. The recent correction is clearly not a concern. What do you think will happen when the stimulus comes ?
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The Gold/Silver ratio is doing exactly what you would want it to do if we're about to see a meaningful bull move at this stage.
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Gold has broken ALL the bear market down-trend resistance lines on log and non-log charts.
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Many are disappointed with silvers performance. If you look at the gold/silver ratio, it's doing exactly what it did last time. Silvers time to shine will come.
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The gold/silver ratio is yet to signal 'game on' for the PM bull. Are we nearly there ?
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Gold targeting $1700+, possibly $1800 area. Silver somewhere in the $20-$22 range, with $24-$28 a possibility.
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Charts laying out my views for the gold price in 2020 and beyond.
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Gold - very similar pattern to our last big breakout and $150+ advance.
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