Dear reader,
It's when the government spends, and the Fed obeys – inflation be damned.
Well, that's exactly what's unfolding.
Trump is stacking the Fed with loyalists who will enact the President's agenda.
When the Fed lowers rates – which could happen as soon as September – bonds become (even more) uninvestable.
While these four top-tier miners could go up 100 to 1.
Powell is finished – and increasingly irrelevant. In fact, Trump could name his new Fed chair any day now.
CNBC is moaning about the Fed's loss of independence.
But Trump's strategy has already played out once before...
The same thing was done after WWII – when the Fed capped interest rates to manage the government's war debts.
Back then, debt was 120% of GDP. Today, it's 120.8%.
In the 1940's gold was tied to the dollar at a fixed rate, and illegal to own.
Today, it's the only asset left that's both safe and investable.
With the "Buffett Indicator" at 213% – telling you stock values are the highest they've ever been...
And Trump bending the Fed to his agenda…
Gold is setting up for a supercycle.
I call this setup The Golden Anomaly – and it could deliver transformative returns for those who act now.
To your wealth,
Garrett Goggin, CFA, CMT
Chief Analyst and Founder, Golden Portfolio
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