Gold Vs. Stocks

Stocks should underperform gold for the next 10 years. 

Visualized in performance.

Real GDP Slowing

Real GDP slowing is bullish gold. 

A better measure of GDP is private sales to domestic purchasers.

Worst Gold Bull Market Ever

GDX shares outstanding at lowest level ever. Very bullish!

GLD as a % of SPY.

Who is paying the tariffs?

U.S.A. is paying for 90% of the tariffs. 

10% Gold Allocation Chinese Insurers

10% of Chinese insurer assets into gold.

Gold volatility Vs. Open interest

Gold volatility Vs. Gold open interest.

China gold imports

China gold imports are stable. 

Stocks overvalued

Buying at the top... 

COFER: Swiss Franc Jumps

Swiss Francs jump.

 

Copper is flat

As flat as a pancake.

Debt Increasing

$36.58 trillion debt. 

The Gold Bull Market

Some important gold charts.

The road to $8000 gold

Negative real rates will push up gold to $5000-$8000. 

Collapsing USD.

Gold juniors will soar 10X.

Stocks will underperform.