Gold Mining Fundamentals Could Be Aligning for a Market-Beating Rally

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XAU/USD أخبار

Gold Futures,United States 30-Year,ARCA Gold BUGS

Stocks Analysis by Gary Tanashian covering: XAU/USD, Gold Futures, United States 30-Year, ARCA Gold BUGS. Read Gary Tanashian's latest article on Investing.com

stock traders will hold for the wrong reasons, sell for the wrong reasons, and not buy back for the right reasons

up hard, even if its nominal price remains under wraps. That will be the real monetary value asset retaining value as its relative price gets marked up within a failing macro. It was truly heroic – if long-term damaging to the system – as the bull market in stocks birthed by a steroidal policy panic begun in 2008, endures to this day.Well, gold’s ratios to cyclical markets are grinding into place quite nicely.

Those were times to buy, as mining stocks crashed. You can bet that inflation-centric gold bugs were puking out because… “OMG, noA future long-term bull market may result from the lack of future ‘unsuccessful’ inflation operations . But again, first comes the “vulnerability” theme, after whatever highs are made on the current bull leg .

There is a rebellion by the carriers of the massive debt of the USA and it will impair a formerly all-powerful Fed’s ability to control things at will on future down cycles. For several reasons that are beyond the scope of this article, I expect a tragic ending to the stock market arm of the “Everything Bubble” instigated by hyper-easy policy. Anything correlated positively with it is likely to be vulnerable when the machines, quants and multitudes of wise guys start selling in unison, just as they buy in unison today. Oh, and don’t forget the margin man. He will want his due, and he won’t care what you have to liquidate to get it.

 

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