Commodities are cheap now
IF this is the beginning of a VIOLENT move upwards, commodities are about to get very expensive...
The smallest gold run-up in the past 90 years was 45 percent-more than twice the current gain. Every other rally was far, far bigger: As you can see from the chart, when gold is ready to rise, it takes off.Every single one of the years in the date ranges above saw an increase of more than 20%. That's how you know the gold rally has barely just begun. 2023 is Inflation Versus the WorldCentral banks will do everything they can to fight it... and get their economies back on the growth track. And you just saw the Fed raise rates 25bps, a move that stunned the markets and sent the Dow Jones dropping 500 points.
- From 1972-1974, the rally yielded a 100 percent gain.
- From 1978-1980, another 100 percent gain.
- Then from 2007-2010, a 67 percent increase in the price of gold.
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