EVERYTHING GOING UP TOGETHER
Just like I said, all assets are going up together. Sure, there will be brief periods where something will diverge for a few weeks or months. But the natural state of markets is for everything to rise during periods of global QE.
I knew this would resume once the manipulation of the gold market ended. I know of no other analyst that saw this coming. Why? Because all the other analysts assumed that gold was in a natural bear market. It wasn’t. The bear market in gold was created by suspension of the position limit rules allowing one or two big players to control price.
I continue to see clueless analysts expecting the stock market to collapse and gold to soar. Folks, if the stock market collapses it would be a massive deflationary event, and I’ve got news for you, during a deflation gold is going to crash as well. We aren’t going to have deflation. Open your eyes. Everything is screaming that inflation is coming, not deflation.