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.

GDP Growth Negative

Tariffs lead to recessions.

China expanding, U.S. contracting

China is expanding while the rest of the world is in recession. 

Near Term Forward Spread Vs. GDP

The NTFS can be calculated with the 3m treasury bill, 18m in the future.

The near term forward spread is a predictor of a recession.

Also works with gold.

China Oil Consumption Vs. GDP per capita

As China's GDP per capita rises, energy consumption will rise and some of that will need to be oil.

Energy consumption Vs. GDP per capita

As India and China develop their economies, electricity consumption will increase. 

Meat Consumption Vs. Real GDP per Capita

Meat consumption rises with real GDP per capita. 

The worst is yet to come for Euro

Energy shock coming. 

Debt to GDP Vs. Gold Price

The gold price is correlated to debt to GDP.

 

Deficits Vs. gold.

China Power Consumption and GDP Growth Q2 2021

China GDP growth at 8% and China power consumption growth at 10%.  

Oil is the economy

Real GDP is correlated to the amount of oil we produce/consume. If the Biden administration keeps banning oil projects, this will have consequences for real GDP.

Tax Rate Vs. Real GDP

In light of the Biden tax hike, we can see that this will have a negative effect on real GDP when looking at history.

 

Insurance Industry Vs. GDP Per Capita

The insurance industry is correlated to GDP per capita.

 

China import-export is booming

China import and export boomed year over year in January-February 2021. This bodes well for Q1 GDP.

Atlanta Fed GDP Estimates Skyrocket

Atlanta Fed GDP estimates skyrocket to 9.5%.

China Power Consumption is Growing

China power consumption hit a high of 8.8% in December 2020.

GDP was up 6.5%.

Non-financial debt is soaring

 

China Power Consumption Rises 7.2% in September 2020

 China is recovering both in power consumption and GDP growth.

U.S. Debt to GDP is Exploding

U.S. total debt to GDP has reached an all time high of 420%. As debt increases and GDP decreases, it becomes more and more important to own precious metals.