~ Fred Hickey, The High-Tech Strategist, May 4, 2024
May 4, 2024
Fred Hickey on the factors driving the gold bull market
There are several factors driving today's gold bull market including: a loss of faith in central bankers worldwide following their coordinated money printing (currency debasement) programs in recent years to fund massive government deficit spending; U.S. actions to "weaponize" the dollar (the global reserve currency) against their enemies; the collapse of investing alternatives (real estate, stocks) in China and the revival of inflation.
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