LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

COT Gold, Silver and US Dollar Index Report - September 20, 2019
By: GoldSeek.com

Fedís Gold-Bull Impact
By: Adam Hamilton, Zeal Research

GoldSeek Radio Nugget: Michael Pento Ph.D.
By: Chris Waltzek Ph.D., GoldSeek Radio

Panicky Fed Flooding Overnight Markets with Cash
By: Mike Gleason

Semiconductor Sector; a Market & Economic Leader
By: Gary Tanashian, NFTRH

Gold Consolidates As The Fed Loses Control
By: Stewart Thomson, Graceland Updates

Precious Metals Update Video: Gold consolidating, watching recent lows
By: Ira Epstein

Serious Inroads, But Still Unfinished Business
By: Ted Butler

A Message to My Former Colleagues at Overstock
By: Patrick Byrne

Repo Rates And Gold: Something Big Is Happening
By: Dave Kranzler

 
Search

GoldSeek Web

 
A Key Gold Bull Market Signal


 -- Published: Thursday, 20 June 2019 | Print  | Disqus 

- Hubert Moolman

The gold market is looking a lot like it did early in the millennium, at the start of the bull market. It is setting up for a gold bull market that is likely to be way more intense than the previous one, due to the structural weaknesses incurred by the monetary system since then.

Debt levels, for example, have grown significantly since the early 2000s. US Government debts (Federal debt) as a percentage of GDP has grown from 55% in 2000 to 105% today.

There will soon be significant market movements to compensate for the unsustainable debt levels. If your debt levels are becoming too high, at some point your credit rating will be affected to the extent that lenders will require higher interest rates and/or they will refuse to provide you any credit. This is true whether you are an individual or a nation state.

So, the firepower that was available to keep the system afloat, during the previous gold bull market, has been depleted. Economic decline and higher bond interest rates is coming, and these are rocket fuel to a gold and silver jet (read more about this).

Below, is a Dow/Gold ratio chart:

There was a long-term support line in place from 1980. The support was violated in June 2002, and it was warning of the coming gold bull market. Again there was a support line in place since the gold peak in 2011.The support was violated in December 2018, and again it signaled the coming bull market.

Below, is the same chart compared to a gold long-term chart:

See how gold broke out soon after the support was violated on the Dow/Gold ratio chart. Currently we have the same situation where gold has broken out from a downtrend since 2011, some time after the support violation on the Dow/Gold ratio chart.

This will be the third wave since the peak in the Dow/Gold ratio, and it is often more intense than the first.

For more on this and this kind analysis, you are welcome to subscribe to my premium service.

Hubert Moolman


| Digg This Article
 -- Published: Thursday, 20 June 2019 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2019



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


Map

The views contained here may not represent the views of GoldSeek.com, Gold Seek LLC, its affiliates or advertisers. GoldSeek.com, Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, Gold Seek LLC, is strictly prohibited. In no event shall GoldSeek.com, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.