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Shes on the rise again 1.40 hitting $SNDL
That would be great $SNDL
More like $752.7 million look here;
The company has cash and liquid assets of $752.7 million with no debt compared to the current market capitalization of $1.57 billion.
https://finance.yahoo.com/news/sundial-growers-stock-cannabis-turnaround-090120643.html
Looking for a strong bounce gold over 1900 $DSCR
I'll take that $SNDL to the moon
$SNDL looking to move higher tomorrow
Nice 1.20's hitting AH's go $SNDL
Nice AH's trading moving up $SNDL
Gold price to hit $4,000 in 3 years, real inflation is at 12 % - Frank Holmes
(Kitco News) - Inflation is rising out of control and investors should hold cryptocurrencies, gold and real estate to protect their wealth, said Frank Holmes, CEO and CIO of U.S. Global Investors, and executive chairman of Hive Blockchain Technologies.
In an interview with Kitco News' Editor-in-Chief Michelle Makori, Holmes, whose firm manages more than $4 billion in assets under management, said that inflation is significantly understated. He added that if inflation was calculated by traditional methods, it would be up 12%.
Holmes said that the U.S. government and the Federal Reserve is trying to talk down inflation because the economic recovery is still fragile.
"The federal government here is very concerned about that. They're, trying to tiptoe around this issue, but they can stop this. Big inflation coming and, and real assets are the place to be," he said.
With price pressures rising significantly. Holmes' reiterated his call for gold prices to push to $4,000 an ounce within three years. Along with holding precious metals, Holmes said that he is also interested in income-producing real estate.
"Hopefully, you don't have much development to do because it's going to be very expensive," he said.
Another essential asset in a portfolio is cryptocurrency. Holmes said that digital currencies are not going anywhere as an entire generation is using them.
"The idea of Bitcoin, Ethereum, it's in their blood. It's not foreign to them," he said.
As to how much of your portfolio should be in gold and cryptocurrencies, watch the full video above to find out.
By Kitco News
https://www.kitco.com/news/2021-05-31/Gold-price-to-hit-4-000-in-3-years-real-inflation-is-at-12-Frank-Holmes.html
So were set for a major reversal $SNDL
Loading time $SNDL next major mover
Time to move the profits over here $SNDL
Same here lets move up $SNDL
Where's the posted news up top $QNTA
Nice breakout to form higher base $SNDL
Thanks for the reply and info.
This means $DSCR going up bigly
Gold price to $10,000 within 10 years if inflation picks up, look for record highs in December - Incrementum
(Kitco News) - Similar to the growing concerns about climate change, one European investment firm is warning investors that central bank monetary policy and government spending are reaching a tipping point and the global economy is on the cusp of a new decade in inflation.
Thursday, Incrementum AG published its 15th annual In Gold We Trust reported and highlighted the growing inflation threat in the global market, which is expected to drive gold price higher through the next decade.
In their latest research, fund managers Ronald-Peter Stoeferle and Mark J. Valek, reiterated last year's call that gold prices could push close to $5,000 an ounce within the next ten years. However, they added that the risk is growing that gold prices could nearly double within the decade.
"If the decade was plagued by stronger inflation, a price of USD$8,900 could be expected at the end of the decade. With the monetary economic climate change that we are witnessing this year, the risk of inflation is growing visibly," the analysts said in the report.
Meanwhile, taking a more short-term focus, the firm sees gold prices pushing to new record highs by the end of 2021. According to options market positioning, the firm said there is a 45% chance gold will hit a 52-week high in December and only a 5% chance of falling to a 52-week low.
Although the world is awash in uncertainty as nations continue to deal with the COVID-19 pandemic, Incrementum said that the most significant factor for financial markets this year remains the growing inflation threat as central banks maintain ultra-loose monetary policies to support the global economy.
"A side effect of monetary climate change is the almost unlimited wave of liquidity that has been flooding the markets since the beginning of the Covid-19 pandemic, and that is already causing a noticeable increase in both asset price levels and consumer price levels. One of the most dramatic consequences that the new monetary climate could bring is the renaissance of consumer price inflation. In our opinion, we are currently only in the early stages of this inflationary development," the analysts said.
Although inflation is rising, the investment firm warned investors that another shoe can still drop as the global money supply velocity remains fairly low. The looming threat will grow even larger as consumers start spending the money they hoarded during the pandemic, the analysts said.
"The probability that this decade will go down in history as an inflationary decade has increased significantly, particularly because the inflationary dynamics already in evidence have proceeded without any significant acceleration in the velocity of money in circulation. The potential for a significant rise in inflation in the coming years should not be disregarded," the report said.
Not only do Stoeferle and Valek see the inflation threat growing, but they noted that evolving technology and the inevitable development of Central Bank Digital Currencies (CBDC) will add a new layer to financial repression.
"In our view, CBDCs are a wolf in sheep's clothing. It seems as if the excitement around "digital assets" is being exploited to market state-owned digital currencies as a great achievement. In fact, these would enable the implementation of even deeper negative interest rates as well as permit the most extensive pushback against anonymous cash that we have yet witnessed," the analysts said.
Not only are central bankers going to keep interest rates low in the rising inflationary environment, but Stoeferle and Valek also see a new evolution in monetary policy with yield curve control.
The analysts explained that the only way governments will be able to deal with the growing debt is through financial repression.
"A look at the history books might answer the question. The U.S. ended World War II with debt at nearly 120% of GDP, while in the U.K., it stood at 250%. By the early 1970s, the debt-to-GDP ratio had fallen to about 25% in the U.S. and below 50% in the U.K. How was this achieved? The answer: by financial repression, i.e., by capping the yield on government bonds – significantly – below the rate of inflation," the analysts said.
"We believe that real interest rates will remain in negative territory for the next decade. In such a market environment, tangible assets, especially commodities, selected equities in the right sector, and obviously precious metals should form the solid basis of the portfolio," they added.
One last highlight from the report, the analysts noted that this year will represent the 50th anniversary of the U.S. moving off the gold standard.
"Since then, no currency has been backed by a scarce asset like gold. Central banks can create money without any restrictions and are increasingly making use of this privilege," the analysts said.
By Neils Christensen
For Kitco News
https://www.kitco.com/news/2021-05-27/Gold-price-to-10-000-within-10-years-if-inflation-picks-up-look-for-record-highs-in-December-Incrementum.html
Where's the big players time to pass .10
Let's get over a $1 first then talk buyout
Yes $DSCR is a fast mover
How does AGC share structure look major gold fan here
Ultimate gold price target is $5,000-$10,000
(Kitco News) As chaotic price swings of the crypto world push investors back into gold and silver, the precious metals will start to build momentum, with the ultimate gold price target set at $5,000-$10,000, according to Guggenheim's CIO Scott Minerd.
"As money leaves crypto and people are still looking for inflation hedges, gold and silver are going to be much better places to go," Minerd told CNBC in an interview.
It will take some time due to the sheer size of the gold market, but the precious metal will enter an "exponential phase," Minerd said.
The ultimate price target for gold is between $5,000 and $10,000 an ounce, he added. "This is ultimately is in the cards. Silver traditionally lags. It is the poor man's gold, and it's the one that will have the largest move on a percentage basis. It is the high-beta version of gold," he said.
Minerd highlighted that this is a good time to have a significant allocation to precious metals a well as gold miners in the form of the GDX. "[That] would make a lot of sense right now," he said.
When it comes to his outlook on crypto, Minerd said that even though he thinks bitcoin and ethereum will survive the test of time, it will likely be some other new crypto that will dominate the digital assets space.
"AOL was the winner. Yahoo was the winner. Then Google and other players came along. We are going to find out that some new crypto comes long, which can overcome some of the issues we are facing right now with the cost of mining, all the carbon production. And it will be a superior form of crypto, and that will become the dominant crypto," he said.
Minerd also projected a 10% stock market correction, stating that the S&P 500 will eventually rebound.
"I think we're due for a correction. For the next six months, I think we're going to get a pullback maybe of 10% or so. But ultimately, I think we'll see the S&P at 5,000 and possibly higher," he said.
https://www.kitco.com/news/2021-05-26/Ultimate-gold-price-target-is-5-000-10-000-says-Guggenheim-s-Scott-Minerd.html
Time to take out that 85 wall $QNTA
Great post DL $QNTA
This time will pass the 3s $DSCR
Nice grab
$DSCR is a fast mover don't be left out
Get your gold while you can $DSCR
With gold over $1900 major bank coming $DSCR
Getting attention #14 on BB $QNTA
Gold at $1907oz now and climbing $DSCR
Gold will surpass its last run past $2000oz
Gold $1897oz and climbing $DSCR
$DSCR reversal is coming
Time for a reversal looking at this chart
https://stockcharts.com/h-sc/ui?s=dscr
Don't be left out when she moves its fast $QNTA
Now we continue the move up
#1 on BB $GRLF on the move
$GRLF cat is out of the bag