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PAGE THE DOCTOR: Dollar Flatlines – GOLD IS ALIVE!

Tom Beck
July 28th, 2020
Portfolio Wealth Global
Comments (5)

This article was contributed by Tom Beck of Portfolio Wealth Global. 

There’s nothing like a close race to get the JUICES FLOWING. Fake polls or not, Trump knows that he is losing public support and that he might be close to losing the upcoming election. Before the virus, it was NEXT TO GUARANTEED that he’d win and stay for a second term.

I wouldn’t exactly call him an underdog, but it’s MUCH TIGHTER than it would have been without Coronavirus.

The most important FORWARD-LOOKING market anticipation right now is that the dollar is entering a long bear market.

Check this out:

Courtesy: U.S. Global Investors

What this shows you is that the ODDS OF INFLATION increasing are huge!

Basically, money isn’t moving now; the public has stopped spending and wealthy individuals are scared of making big moves. EVERYTHING IS IDLE. The race between Biden and Trump makes large institutions paralyzed until they know the answer.

Well, after idleness in velocity, there’s only one option: MULTIPLIER EFFECT.

The real economy is hurting and it will take 2-3 years, perhaps even four years, to get back to where we were.

The thing is that Europe looks more united on its goals than even the United States does.

This is the first time since 2008 that EU political leaders have more in common with each other than American politicians do with their counterparts in the opposing party.

The Euro is more attractive than the dollar since European companies are cheap.

Courtesy: U.S. Global Investors

When the dollar is OUT OF FAVOR, as it is becoming at present, then gold’s price can triple, beginning with the MONETARY U-TURN in January 2019.

In other words, we’re putting a 2-year price target of $3,300/ounce on gold. We anticipate this occurring by July 2022.

The elections will force Trump to get aggressive on policy in the coming months, and I believe that he is desperate not to allow Covid-19 to define his so-called “legacy.”

In his eyes, he has been the greatest president ever, so he can’t let a pandemic defeat him. Therefore, with the dollar now at 52-week lows, our analysis is that the election battle will cause a DOLLAR CRISIS.

Courtesy: U.S. Global Investors

As you can see, the next REAL HURDLE for silver is $25/ounce, which it should clinch in the coming weeks.

It has incredible momentum.

The banking system is saturated with money; Judy Shelton has cleared the banking committee and she will most likely pass the vote in the REPUBLICAN-LED Senate. This will give America a SOUND MONEY advocate on the board of the Federal Reserve.

Courtesy: Zerohedge.com

The incentives to BORROW MONEY today will soon bring households back to the fold. They won’t be able to resist the low rates. I am telling you that you MUST PREPARE for a dollar bear market and an amazing precious metals BULL MARKET.

Trump will have to divert the public attention BACK TO CHINA; he will do it subtly so that markets don’t panic, but nonetheless, he must unite voters against a common enemy and we believe he will.

You can’t change or fight the trends: GOLD AND SILVER are headed MUCH HIGHER!

Courtesy: Zerohedge.com

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Author: Tom Beck
Views:
Date: July 28th, 2020
Website: https://www.portfoliowealthglobal.com/

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5 Comments...

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  1. Andrea.Iravani. says:

    Things are getting even crazier, and so are John Kiriakou, Brian Becker and Austraian crowd funded economist Steve Keen, who moved to Bangok to escape the coronavirus! That is just another fishy story from an economist! Loud and Clear lauds Vietnam and Denang for evacuating 80,000 people uprooting them from their homes, sending them on planes to new locations to live because there were 3 new coronavirus cases in Denang! Logic would dictate that that would increase the spread of a contagious disease, since they relocated 80,000 people all at once! If it was there goal to contain a contagious disease, how would moving 80,000 people simultaneously contain any contagion, other than gossip?! This appears roughly 18 minutes into the broadcast.
    Andrea Iravani
    https://sputniknews.com/radio_loud_and_clear/202007271079997129-police–vigilantes-carry-out-attacks-against-anti-racist-protesters/

    • Andrea.Iravani. says:

      If it isn’t bad enough that Steve Keen flad to Bangkok to evade the “deadly” coronavirus, he then goes on to say that Asian countries are more suited to deal with the coronavirus than western countries because of their dangerous beliefs of freedom, which allows the coronavirus to continue threatening humanity, and that if only freedom could be eliminated and everyone is forced to isolate for five weeks that we could eliminate the coronavirus from the face of the earth, but, Steve Keen is dead wrong, because it is a zoonotic virus, so it would not be elimnated because it is carried by animals of all types, and it is in their droppings as well, so Steve really does not even have tne slightest inkling of what he is talking about as far as the coronavirus! Then, Steve Keen said that he had received a coronavirus vaccine, so he knows that they work, so then why did he flee to Bangkok to protect himself from the coronavirus if he is so confident that the vaccine is effective!? Steve Keen really sounds like a lunatic as far as his coronavirus circular logic and scientific hocus pocus and outright fraud. Obviously, he is crowd funded by the pharmaceutical industry!

      Andrea Iravani

  2. Old Guy says:

    You cant eat gold. You cant use it now to buy anything. Buy food and useful items. In a Shtf situation you try and buy something with a hunk of gold . Ha Ha good luck to ya.

  3. Andrea.Iravani. says:

    Did the Chinese government just kill 80,000 people from DeNang? What else would anyone think if they say that it is because of 3 coronavirus cases? Even in Love Canal, with the government in America finally admitting the danger posed to residents, this does not make any sense! If there are dangerous levels of toxic waste that would cause them to relocate 80,000 people, refusal to admit the real reason is making the Chinese government look outrageously even more corrupt than the American government! Really China, this is simply unbelievable! How can you even dare to make such insane and proposterous claims?! Are you trying to be more ridiculous, dishonest, and corrupt than the United States government?! What an ignoble goal! Is that the only contest that you can fairly compete in? To see who can be the most corrupt?! Certainly appears that way!

    Andrea Iravani

    • Andrea.Iravani. says:

      Disregard above statement re Chinese government. There were false search results claiming that. Sorry. False search results are becoming more frequent. I am unable to connect to many standard websites because of hackers too. Technology is a rip off! Extremely expensive, and full of vulnerabilities by design. Band of thieves in silicon valley!

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