KINGSTON, 9 August 2019—With all my heart, I do hope that as a Trends Journal subscriber you took action to become truly “Golden” after reading my 6 June Trend Alert®, the “Gold Bull Run” when gold was at $1,332 an ounce.
It is now over $1,500. And, gold has strongly solidified above the $1,450 per ounce breakout point that I had forecast over the past six years it would need to do for it to spike to new highs.
Considering the weak state of world economies, volatile equity markets, Central Banksters across the globe aggressively sinking interest rates to new lows and inventing new schemes to pump more monetary methadone to keep the addicted Bull running… and bond yields sinking into negative territory and short term bonds yielding higher interest that long term notes, gold has regained its glory as the ultimate safe-haven asset.
Thus, I maintain my forecast that gold will spike above $2,000 per ounce. And considering that gold has hit six year highs, I forecast the downside risk is at the $1,390 per ounce range.
As a Trends Journal subscriber, you well know that I was the first to forecast “The Trump Market Rally” back in November 2016, two weeks after he defeated Hillary Clinton in the race for the White House.
Since that time, my market and economic forecasts have been solidly on-trend.
And now, from the major banks, hedge funds and “financial experts,” they are finally issuing warnings of a recession on the horizon that I had warned you of in past Trend Alerts and in our Trends Journal.
Just as I was the first to call the “Gold Bull Run,” I am now forecasting that the “Greatest Depression” is on the way. We are already in a stage one recession. People feel it in their pocketbooks and they feel it in their bones. They're deep in debt and deeply depressed.
Of course, once the economic tidal wave hits, it will be too late to take action.
If you tune into the mainstream news you will find out what happened.
If you tune into my Trends in the News® broadcasts M-W-F you will find out what is going to happen, and what you can to seize the opportunities and thrive, rather than dive as the economic ships of state sink deep into deep depression.
As a subscriber to the Trends Journal you get tomorrow’s news today. We report History Before it Happens® so you can Prepare-Prevail and Prosper.
Wishing you much joy, peace and prosperity,