Last May I said on my weekly national radio program “Gold is entering the early stage of a major Bull Market”. On the radio a few months later in August, I announced “We are now clearly in the beginning of a long term Bull Market in Gold. You will see Gold make new all-time highs at $2,000, $2,500, and even $3,000 an ounce.”
Since my announcement in August, Gold has gone up 25%. It has broken through a major technical resistance that has never been breached for the last 5 years. It has continued to rise above multiple psychological barriers and now has created a new “floor for Gold” at the $1,500 level. Yet we are just getting started!
DRIVING FORCES BEHIND GOLD
In a Bull Market in Gold, Central Banks are historically the catalysts, the largest buyers, and dictate the future of the market. This Bull Market is no different. According to the World Gold Council, Central Banks bought more Gold last year than any other previous year over a 50-year timeline. This year Central Banks are on pace in their purchases of Gold to outperform last year’s historical record.
Historically Central Banks think into the future 2-5 years and make their Gold purchases accordingly. Prior to 2008 Central Banks bought a significant amount of Gold in 2005 and 2006. They must have seen into the future of 2008 when Gold rose 50% that year and went on a multi-year run of 250% in the following 4 years. One must ask what are they seeing currently? What do they see in the near future to make their purchases in Gold so aggressive? Is it a coming Recession? Is it Governments Debt being unsustainable? Is it where interest rates are headed in the US, Zero or Negative?
BILLIONAIRES AND FINANCIAL INSTITUTIONS ENDORSING GOLD
On September 10th, the largest financial management firm, BlackRock recommended to investors that they buy and hold some physical Gold to protect themselves against monetary policy easing. Two days later President Trump tweeted, “The Federal Reserve should get our interest rates down to ZERO, or less…”. On the same day Citigroup says “We expect Gold prices to trade stronger for longer, possibly breaching $2,000 an ounce and posting new cyclical highs at some point in the next year or two.” Citigroup gave a laundry list of reasons why.
This last year more billionaires have recommended buying Gold than I have seen than any other time in my 26 years of experience in the industry. One must ask the questions: Why would the largest financial firm in the world that recommends “paper investments” i.e. stocks, bonds, mutual funds, and treasuries, now suggest to get some physical Gold? Why would another major financial firm that manages the same, also give an incentive for investors to buy Gold by saying how much it is going to drastically move in the next year or two? What is it that multiple billionaires see in the future for them to recommend an asset called “Gold”, which historically goes against their model for investing?
QUANTITATIVE EASING, GOOD FOR GOLD
Remember Quantitative Easing one, two and three by the Federal Reserve which started in 2008? The Fed started injecting capital into the system while lowering rates, making money cheap. This caused a huge rally in Gold as I said previously. The European Central Bank (the second largest to the Fed) just announced it is restarting its QE program. The two major announcements were:
- Rates would be lowered .10% to -.5%, yes that is a negative rate of a half of a percent.
- The ECB also said $20 Billion Euros would be injected into the system monthly, which has no stop date. Their baseline is $30 Billion Euros monthly; QE more than likely will be adjusted upward to that number.
Projections by a Senior European Economist, Frederik Ducrozet tweeted, “This QE run could last for more than 7 years if these limits were raised…” This caused Gold to immediately rally up over 1% while US stocks move up about a third of a percent. This is a huge catalyst for Gold.
I have recently been forecasting that the Fed will be forced into lowering rates and will probably start another QE program eventually. Today, after the ECB announcement, several other economists said the Federal Reserve is expected to follow suit with its own easing measures next week. If my predictions, along with US economists are correct, we could see the longest, most pronounced Bull Market in Gold in history.
Bull markets in Gold have historically lasted between 9-12 years averaging 400%-650%. Recently there is a new wave of investors coming into the Gold market working with my team at Landmark Capital. Many wise investors are seeing multiple warning signs and feel a Recession is also imminent. Existing clients are adding to their portfolio by the droves, while new investors are becoming buyers for the first time in the Gold market. If you missed out on the previous Bull market in Gold, then don’t miss out on possibly the greatest Bull market in history! Now is the time to take action and learn the details of this new Bull market. Find out why Gold could be one of the best investments you might have ever made. If you experienced financial grief, like many experienced in 2008 during the downturn of stocks in a Recession, then heed the warning signs and don’t let that happen again. Gold will diversify your portfolio and hedge against market uncertainty. It will also save your financial future against the possible “Bail In” that our government and the Federal Reserve has set up to seize a portion of your IRA, 401K, and bank accounts.
Call one of my representative today at 1-877-448-2646 or go to www.landmarkgold.com and request your free information kit. I wrote a white paper that is now in its 7th edition. It will educate you on how the government wants your hard earned money called “The Coming Bail In.” Learn also how you can transfer your IRA, or rollover your 401K and buy physical Gold and take possession without a tax liability. You will also learn why physical Gold now is an imperative asset to hold against these uncertain times. In addition, it might be the number one performing asset in your portfolio.
Investing is just as simple as assessing what the future might be, moving your money to get protected and taking advantage of the inevitable. Remember, “If you take care of your money now, then it will be there to take of you in the future!”