ETFs, Leveraged ETFs, Sector Funds

[No-Quarter]

Interesting perspective on 2021 from a gold enthusiast -

• Equities are being pumped up by the Fed through QE to valuation extremes, a policy set up to fail when interest rates are forced to rise. It will almost certainly lead to a vicious bear market on 1929-32 lines, with the exception that financial asset prices are being measured in collapsing fiat instead of dollars backed by gold.
• That leaves the field to leading cryptos (particularly bitcoin) and precious metals. After an indeterminate period of time, we can be certain that gold will become the money to replace fiat, because monetary gold is already owned by governments and their central banks.

Source article here -

https://www.goldmoney.com/research/goldmoney-insights/economic-and-monetary-outlook-for-2021