Gold is becoming a killer asset.
I've never made such a bullish statement on Gold in atleast the last 10 years, until today, and have always been cautious in last 10 years as Gold went through some real challenging phase after 2013 upto 2019 and then again from mid-2021 to late-2022.
However now I can say, we are at the cusp of a Precious Metals Super Bull Cycle.
I've always been a big supporter and fan of Donald Trump, since 2016 when he was still in primaries for his 1st term election.
In the interim years 2020-2024 when Donald Trump was not the US President, permanent damage has been done to US and global economy in terms of creating high inflation, huge indebtedness and stock market bubbles globally (except China, which on other hand is having a massive real estate crash, which is destroying China's consumer spending as Chinese people see their biggest wealth investment - their properties lose value)
- US debt is out of control
- Global economy in deep inflation with previous US government under Democrat party spending and taking on debt like drunken sailors
- Global stock bubbles like the AI Bubble etc.
While as a Gold investor I'm actually very HAPPY to see all this.
All this global indebtedness, equity stock market bubbles like the AI bubble and the resulting chaos is very good for Gold.
Gold loves chaos.
Now we have Donald Trump back as President, and while I'm happy for Don Trump who is the most energetic President, and a big relief from the previous US admin - the kind of Tariff chaos which is now happening is what Gold needs to go to $5,000 an ounce.
I'm just for the first time in more then a decade feeling very open to say proudly -
- Gold Has Arrived
- Gold is the best Donald Trump or Don Trump Asset
- Gold will beat every other main stream financial asset in the emerging Hard Assets Super Cycle.
Gold is going up even when long term bond interest rates are increasing globally.
Gold prices are no longer suppressed by a cartel of western short sellers (secrectly major western banks), who are now worried about a gigantic short squeeze which can even bring down these emtities creating a financial crisis. While at same time these same entities have actually started to turn to become long gold buyers (E.g: Chase bank moving large quantities of Gold - in hundreds of tons from London to their own vaults in New York at a frantic speed and driving up the Gold prices in return.)
This is good bullish indicator that Gold price is going up even with increasing long term interest rates globally, as investors no longer trust banks and other assets like government bonds.