Supposed Fed Hawks Are Doves in Disguise

Fergus Hodgson, August 31, 2022  rss iTunes  SoundCloud-logo Bitchute 

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Despite gold being down 2–3 percent in US dollar terms, gold has continued to preserve its purchasing power in the long term. In mid-August, gold was up 8 percent in euro terms and 15 percent in Japanese yen terms.

Ronald Stöferle, a fund manager and author of the “In Gold We Trust” report, argues gold will gain momentum later this year. With the recession in the United States, Federal Reserve officials will back down and implement expansionary monetary policy, which means helicopter money in the offing.

As a result, Stöferle foresees a period of inflation volatility, and gold would become crucial: “Gold is not there to make you rich quickly, but to protect your assets and weather storms.”

FREE: Get Brien Lundin’s Top Two Mining Stocks!

Gold Bull Resources (TSX.V: GBRC) (OTCQB: GBRCF) finished its drill program in June at the Sandman project in Nevada and is still awaiting assay results. In our weekly Inventa Capital segment, CEO Cherie Leeden says that in the meantime, the company has engaged a highly reputable mining engineer in Nevada to begin its scoping study.

Recommended Links

  • Follow Ronald Stöferle on his Twitter and LinkedIn.
  • Read the full and compacted versions of the “In Gold we Trust Report 2022.”
  • Watch a summary video of the “In Gold we Trust Report 2022.”
  • Visit the website of In Gold We Trust here.
  • Visit Incrementum’s website.

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