Stocks plummeting just ahead of a Fed meeting — and gold rising in response — is just about the best set up that gold bulls could ask for.

September 20, 2021

Dear Fellow Investor,

An interesting day in the markets today…to say the least.

On concerns over the imminent collapse of the massively indebted Chinese real estate developer Evergrande, and the dominos that the collapse could set tumbling around the globe, equity markets began selling off today after the weekend break.

As I write, all the major U.S. indices are down between 1.5% to 2.00%, the Dollar Index is mildly higher, Treasury yields are falling significantly…

…And gold is taking off to the upside.

Going into a Fed meeting where everyone expects Powell & Co. to indicate that QE tapering is on the way, the markets are delivering the expected “hands off!” message to the central bank.

As indicated in my headline, this is the perfect recipe for gold bugs.

Add in a substantial helping of a potential global liquidity crisis thanks to overly-indebted corporations…

…Fold in a heaping portion of over-extended equity and real estate markets in the U.S., undercutting the foundation of the house of cards the Fed has built through years of ever-easier monetary policy…

…Sprinkle it with a crypto sell-off that exposes that sector’s supposed safe-haven appeal…

…Finish it off with a gold market that is significantly under-owned by pro investors (thereby eliminating it as a source of liquidity)…

…And the result is gold once again elevated as the safe haven of last resort.

So what happens now? It depends upon whether China allows Evergrande to fail, and if it sparks contagion in other markets.

Regardless, the Fed is much more likely to kick the can down the road in respect to any tapering plans…and its ability to begin rate hikes at all is raised further into question.

All of this, of course, jibes with our expectations that gold and silver, and mining stocks, would begin a turn-around soon.

And the timing is perfect for this year’s New Orleans Investment Conference, now only about a month away.

As I said last week, if you’re a serious investor, you need to attend this blockbuster, in-person event.

New Orleans has now recovered from Hurricane Ida. Our host hotel, the Hilton Riverside, as well as the rest of downtown and the French Quarter, is now fully back in normal operation.

And on the Covid front, infection rates are dropping quickly as expected, and we’ll only be operating under a mask mandate for our conference functions. (There are added restrictions within the city for those who aren’t vaccinated, so make sure you’re aware of them if you fall in that category.)

The bottom line is that New Orleans 2021 is happening, and it’s going to be an extraordinarily valuable event.

Consider our speaker roster — one of the best you’ll ever see:

Dr. Ron Paul, James Grant, Jim Rickards, Danielle DiMartino Booth, Jim Iuorio, Doug Casey, Rick Rule, Peter Schiff, Dave Collum, Grant Williams, Dominic Frisby, Tavi Costa, Lawrence Lepard, George Gammon…

…Brent Johnson, Peter Boockvar, Mark Skousen, The Real Estate Guys (Robert Helms and Russell Gray), Adrian Day, Gwen Preston, Adam Taggart and dozens more — including yours truly — are going to present their best investment ideas to you

Time is short though, and our room block is filling up quickly, so I urge you to CLICK HERE to get all the details and reserve your place while you still can.

All the best,

Brien Lundin
Editor, Gold Newsletter
CEO, the New Orleans Investment Conference