Implications for Gold
What does it all mean for the gold market? Well, we are in a recession. The economy will be hit severely, especially in the first half of the year. The White House and Congress announced the stimulus package. But it did not help and calm the stock market which is not surprising given the level of fear. What it will do, is to balloon the public debt and raise the likelihood of introducing the universal basic income in the future. All this means higher government expenditure, higher deficits and higher indebtedness. Soaring debt, combined with increasing money supply, very low real interest rates and global recession, is another fundamentally positive factor for the gold market. When the blood dries on the trading floor, investors will cease to sell gold in order to raise cash and then we get the fundamental reason for the rally in gold to start. The similar dynamic occurred after the collapse of the Lehman Brothers gold fell initially before rebounding sharply amid the loose monetary policy.
ich hab mal den Schluß hier hinein kopiert. Der koplette Artikel ist hier:
www.gold-eagle.com/article/...sh-help-economy-and-gold-market
Es ist schon bedrückend die wirtschaftlichen Aussichten für die USA so knochentrocken eingedampft zu lesen. DAs wird die Aktien und Anleihe-Indizes allesamt noch schwer nach unten drücken.