Why Gold’s 2021 Disappointment? What about 2022? | |
2021 has been a disappointing year for profit-seeking precious metal investors, but for the few who look to accumulate gold and silver as the ultimate insurance against runaway inflation, it has been an unexpected bonus. After reviewing the current year to gain a perspective for 2022, Alasdair Macloed analyzes the cause for the decline in the value of true market-driven money, namely gold and silver, measured in fake fiat money. Then he will provide a summary of his outlook for the dollar, the euro, and their financial systems as well as the outlook for gold and silver driven by those factors. Hint: The key issue is the interest rate outlook and how it will impact financial markets. Alasdair believes markets are wholly unprepared for the consequences of the massive expansions of currency and credit over the last two years. Also geopolitical factors will come into play as Putin and Xi have assessed President Biden to be fundamentally weak and have colluded to drive the American financial system to its knees. He also discusses how market and geopolitical factors are likely to be enormously bullish for gold and even more so for silver in 2022. Michael Oliver provides his usual prescient insights into key markets and Michael Hudson updates us on Hannan Metals’ discovery in Peru of one of the world’s largest new discoveries of two key “green metals,” namely silver and copper. | | |
|
|
| |