.@Incrementum just published the In #Gold We Trust Report, the gold standard in gold research @IGWTReport

Incrementum just published the In Gold We Trust Report, the gold standard in gold research. 

Key Takeaways

• Monetary policy normalization has failed

We had formulated the failure of monetary policy normalization as the most likely scenario in our four-year forecast in the In Gold We Trust report 2017. Our gold price target of > USD 1,800 for January 2021 for this scenario is within reach.

• The coronavirus is the accelerant of the overdue recession

The debt-driven expansion in the US has been cooling off since the end of 2018. Measured in gold, the US equity market reached its peak more than 18 months ago. The coronavirus and the reactions to it act as a massive accelerant.

• Debt-bearing capacity is reaching its limits

The interventions resulting from the pandemic risk are overstretching the debt sustainability of many countries. Government bonds will increasingly be called into question as a safe haven. Gold could take on this role.

• Central banks are in a quandary when it comes to combating inflation in the future

Due to overindebtedness, it will not be possible to combat nascent inflation risks with substantial interest rate increases. In the medium-term inflationary environment, silver and mining stocks will also be successful alongside gold.

• Dawn of a new monetary world order

In the decade that has just begun, trend-setting monetary and geopolitical upheavals are to be expected. Gold will once again play an important role in the new monetary world order as a stateless reserve currency.

• New gold all-time highs are only a matter of time

The question is not whether the gold price will reach new all-time highs, but how high these will be. We are convinced that gold will prove to be a profitable investment over the course of this decade and will provide stability and security in any portfolio.

Read the whole report here: https://ingoldwetrust.report/igwt/?lang=en

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The #Gold-en Question: What’s Happened To #Money Since 1971?

It's no coincidence that ever since the world adopted Fiat Currencies, the value of Money has Evaporated as Debt has Proliferated throughout the World through Indiscriminate Money Printing and Uncontrolled Financial Derivatives. The great winners have been those that have been able to play the "Financialization" Game. 

Yet now, as the Monetary Levels and Liabilities get further and further from the Underlying Reality, the System is showing growing Signs of Strain and Overextendedness. This will lead undoubtedly lead more and more investors towards UNFORGEABLE ASSETS. 

"I don't believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can't take it violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can't stop." – F.A. Hayek 1984

👆 ⬆️👆 This is incredible! 👆 ⬆️👆

See all the charts on WTF Happened In 1971? https://wtfhappenedin1971.com/

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Dan #Galai was Analyzing Financial #Volatility in the Markets 25 Years Before the #VIX was Even Created

Dan #Galai was analyzing #Volatility in the Markets 25 Years Before the #VIX was Even Created  

The Pioneer of the VIX Says Risk Is Misunderstood - Bloomberg

https://www.bloomberg.com/news/articles/2020-05-20/the-pioneer-of-the-vix-says-risk-is-misunderstood

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#Swiss Franc Traders Betting Against #SNB May Finally Have Their Day #CHF

Just talking about whole numbers has a self-reinforcing tendency. Traders betting parity will come with the Euro sooner rather than later, notwithstanding the SNB having already spent almost half a Trillion Francs defending the exchange rate.  

Swiss Franc Traders Betting Against the Central Bank May Finally Win 

https://www.bloomberg.com/news/articles/2020-05-19/swiss-franc-traders-betting-against-the-house-may-win-this-time

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#Druckenmiller Says Risk-Reward in #Stocks Is Worst He’s Seen

A raft of emergency lending programs unleashed almost $3 trillion in stimulus funds. But those programs aren't likely to spur future economic growth, Druckenmiller said.

"It was basically a combination of transfer payments to individuals, basically paying them more not to work than to work," he said. "And in addition to that, it was a bunch of payments to zombie companies to keep them alive."

Read the whole article here: https://www.bloomberg.com/news/articles/2020-05-12/druckenmiller-says-v-shaped-recovery-for-u-s-is-a-fantasy

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