Gold And The Secular Change Of The Century

Mar. 12, 2023 3:49 AM ETGDX, GLD47 Comments
Paul Wong
720 Followers

Summary

  • Similar to the mid-1970s, consumer price inflation and asset price deflation occurred simultaneously amid ascending interest rates, and gold was the big winner.
  • The new Bull-Bear chart is intended for timing purposes of rotating from stock and bonds to cash, risk-on to risk-off.
  • In a rising rate and quantitative tightening setting, cash performs well, and ultra-short-term treasuries are even better.

Holding one 20 g fine gold ingot over mixed Turkish and American cash money currency

photoman

Owe Not For Your Soul by Paul Wong

When you owe,

the fruits of your labor go.

To whom we need to know,

the greedy lords who lure us to surrender our souls.

This poem is for both

This article was written by

720 Followers
As a geo-scientist with 35 year as a professional and executive in oil and gas companies to create value on projects through evaluation and valuation analysis. Currently I am doing stock market research, on topics such as gold and the dollar.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of GLD, GDX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

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