New Low Observer
99.2K posts

New Low Observer
@NewLowObserver
Dow Theory, Price, & Research Specialists. We're touching the financial & economic third rail, so you don't have to. 皆さんがそうしなくてもいいように、私たちは金融と経済の第三レールに触れています。


Jeffrey Currie: I can see $10,000 gold and $300 silver. The main driver is the debasement trade. The war has fooled us into believing that inflation is bearish for gold and silver because of the fear of higher interest rates. But history tells a different story... During the inflationary 1970s: - Gold: ~24x - Silver: ~29x Wars are inherently inflationary, and inflation benefits hard assets like gold and silver. US money supply is rising at the fastest pace since Covid... and we all know what happened to inflation after that. Currencies will continue to debase against gold and silver, pushing precious metals higher. As gold rises, central banks holding large gold reserves become more credible, while those with relatively small reserves are increasingly forced to buy more. Silver has an additional structural tailwind: solar demand. - 2016: 81.6 moz - 2024: 198 moz - 2030: 321-450 moz By 2030, more than 50% of global silver mine production could be used by the solar industry alone. And those projections were made before the Iran war. With energy security becoming an even bigger priority, solar deployment could exceed current forecasts. Like Jeffrey Currie, I'm extremely bullish on both gold and silver. Do you think we're entering another 1970s-style precious metals bull market?


PRESIDENT TRUMP: My vision is for a middle class that is one again the envy of the entire world. Workers like you should be able to afford a nice house, a new car and a growing family on a SINGLE INCOME. Donald Trump Truth Social 04:42 PM EST 08/29/24 @realDonaldTrump


It took 45 years to get there, but inflation-adjusted Gold prices are back at an all-time high, surpassing the prior peak from 1980. $GOLD Video: youtube.com/watch?v=9wMvZw…


"Gen Z and millennials can’t afford to buy a house," per FORTUNE


S&P 500 relative to Global Liquidity. 1999 vs now.
















