Gold A Good News Gravy Train Stewart Thomson
Jan 23, 2018
- The good news for gold keeps flowing, with institutions around the world stepping up to the buy window ever-more frequently.
- They are clearly embracing gold as a key portfolio holding for the long term. The bottom line: institutional respect for gold as a portfolio diversifier has never been stronger than it is right now.
- On that exciting note, please click here now. Standard Chartered bank carries serious institutional weight. Their gold market analysis projects a surge to five-year highs. This kind of positive analysis that continues to emanate from major banks is bringing more institutions into gold.
- Please click here now. Germans are now the most aggressive gold buyers in Europe.
- While SPDR fund buying was soft in 2017, German institutions bought about 50 tons of gold… in just one physically backed gold fund! Deutsche Boerse reports that family offices and individuals are starting to join institutions on the buy. I expect record demand in Germany in 2018.
- I’ve predicted that Trump would unveil inflationary tariffs in America, and that’s in play as of this morning. Please click here now. I’ve coined the term “Trumpflation” to describe what is coming, and what is coming is very positive for gold.
- Trump sees a huge cash cow for the government as solar energy becomes a gargantuan industry. The citizens get hit hard… unless they own a diversified portfolio of gold stocks!
- I’ve also predicted a major partnership between blockchain and gold will emerge, creating a significant rise in global demand for the world’s greatest metal.
- On that note, please: click here now. Rob Martin is head of market infrastructure for the World Gold Council.
- In this interview he does a great job in explaining how gold backed cryptocurrency tokens will be exempted from onerous government regulation on cryptocurrencies that are not backed with gold.
- Please click here now. A tidal wave of tokenized gold, silver, and industrial metal offerings is coming. Are investors prepared?
- The LBMA in London is prepared. The LBMA runs the world’s largest market for physical gold. This morning they announced they are considering employing blockchain technology to strengthen gold supply chain integrity.
- If it happens, I expect markets in China, Dubai, and India to quickly follow the London leaders. Any action that increases the integrity of the supply chain increases institutional respect for the asset class. As noted, the good news for gold just keeps rolling!
- Bitcoin itself has been soft since the CBOE five-coin futures contract was launched. Tom Lee was head of equities for JP Morgan and wisely sold stocks in 2016 after entering at the March 2009 lows.
- Tom views the US stock market not as overvalued, but as fully valued. I see it as slightly overvalued, with real risk exceeding potential reward.
- The similarities between today’s market and the market of 1929 are eerily similar. I don’t know if the market is poised for a repeat of that horrific past. I do know that when power players like Tom Lee call the market fully valued, it’s usually a good time to book some profits.
- Regardless, Tom eagerly embraced bitcoin in 2016 and has never looked back. He’s a very calm and rational man whose views are widely followed in the institutional investor community. Tom says his team are “aggressive bitcoin buyers” in the $9000 area, with a five-year target of $125,000 per bitcoin.
- My blockchain focus now is still bitcoin, but also the “alt coins”. I highlight the most exciting action for both with my www.gublockchain.com newsletter. My long term bitcoin target is a little higher than Tom’s ($500,000), but even at $30,000 most investors should be sporting a very big smile!
- I expect the bitcoin price will likely remain soft until the CBOE futures expiry on February 14. The $10,000 - $8,000 price area appears to represent very good value for new bitcoin investors.
- Please click here now. Gold’s technical action is glorious.
- A pennant breakout was immediately followed by flag-like action, and an upside breakout is in play this morning. Also, note the decent support zones I’ve highlighted at $1328, $1320, $1300, and $1270. In a negative scenario, these are all key buy zones.
- Gold looks poised to take a major battering ram to the $1370 area highs that were created by Modi’s infamous cash call-in. A move above $1370 opens the door for a charge towards $1500!
- Please click here now. GDX is starting to show some impressive technical action. New investors who are stop loss enthusiasts could use $22.90 as their maximum risk price. Others can employ put options if nervous.
- Regardless, GDX appears to be poising for a charge to my $25 - $26 price area. I expect 2018 will ultimately be remembered as the year gold stocks begin a long term bull cycle against bullion. I’m predicting that over the next five years they will go nose to nose with bitcoin, in the battle to be the performing asset class in the world!
Jan 23, 2018
email for questions: firstname.lastname@example.org
email to request the free reports: email@example.com
|Tuesday 14th Aug 2018
Special Offer for 321Gold readers: Send an email to firstname.lastname@example.org and I'll send you my free “Make Me Richer & Keep Me Mellow!” report. I highlight key gold and silver stocks (some at new highs and some at lows) that are poised to rip higher, with great tactics to keep investors feeling mellow as they get richer. I’ll include a special GDX put options strategy in the report. Email me today, and I’ll send it to you tomorrow!
Updates Subscription Service: Note we are privacy oriented. We accept cheques.
And credit cards thru PayPal only on our website. For your protection
we don't see your credit card information. Only PayPal
|Subscribe via major credit cards
- or make checks payable to: "Stewart Thomson" Mail
to: Stewart Thomson / 1276 Lakeview Drive / Oakville, Ontario
L6H 2M8 / Canada
is a retired Merrill Lynch broker. Stewart writes the Graceland
Updates daily between 4am-7am. They are sent out around 8am. The
newsletter is attractively priced and the format is a unique numbered
point form; giving clarity to each point and saving valuable
Thomson is no longer an investment advisor. The information provided
by Stewart and Graceland Updates is for general information purposes
only. Before taking any action on any investment, it is imperative
that you consult with multiple properly licensed, experienced
and qualifed investment advisors and get numerous opinions before
taking any action. Your minimum risk on any investment in the
world is 100% loss of all your money. You may be taking
or preparing to take leveraged positions in investments and not
know it, exposing yourself to unlimited risks. This is highly
concerning if you are an investor in any derivatives products.
There is an approx $700 trillion OTC Derivatives Iceberg with
a tiny portion written off officially. The bottom line: