Financial crisis

Mine closures and selling restrictions are causing shortages of precious metals in the retail sector, but ETFs are experiencing large inflows of funds. Where do they get the gold, if at all?

Gold exports from Switzerland to the U.S. soared in March as American investors rushed to buy bullion amid the virus-driven panic.

With a sharp drop in GDP and an unprecedentedly high level of bank notes, we are entering the scenario we analyzed on February 6: money printing + fall in output = hyperinflation. Both mechanisms are, in our view, necessary for price slippage to occur, and here we are. Inflationavirus is coming.

As I have outlined in many articles, stocks, bonds and property will lose 90-99% in real terms, against gold, in the next few years. Many bonds will lose 100%. And paper money will lose 100%.

Central banks continued their gold-buying spree in February, although the pace of gold purchases has slowed compared to last year’s near-record purchases.

Gold revaluation will be the ultimate margin call (on real money) since you will be asked to put much more paper money to own/keep real money : gold in it's physical form.

Comparing the 1970 gold bull market to the current gold bull market. Potential gains of 4x are right in front of us.

A Hyperinflationary Depression has always been the inevitable end to the biggest financial bubble in history. And this time it will be global. Hyperinflation will spread from country to country like Coronavirus.

With the ongoing financial meltdown, demand for precious metals has exploded while at the same time, supply has abruptly dried up. Prices will not stay long at current levels. Expect some great surprises in May-June.

Whoever doesn’t learn to dance in the rain will struggle to survive the virtually non-stop storms that the world will experience in the next few years. The abrupt downturn in the global economy, triggered but not caused by coronavirus, came as a lightning bolt out of the blue.