Dateline: February 4, 2020

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Fake News And The “Healthy Economy” Myth
The “narrative” architects and fairytale spinners are desperately looking for evidence to fit their “consumer is still healthy / economy still fine” propaganda. The hype over strong holiday sales was premature if not fraudulent, as data-manipulators appear to have taken the growth in online holiday sales and projected it across the entire retail sales spectrum. I guess they overlooked the fact that online sales took market share from brick/mortar stores.

Despite the plethora of data showing that U.S. manufacturing was down last year, real retails sales are declining, restaurant traffic – including delivered food – has been contracting almost every month for two years and most households are over-bloated with debt, the Fed continues to insist that the economy is healthy with “sustainable moderate growth.” This is sheer and nonsense and the Fed knows it… (Continue to full article)

Gold Forecast: Coronavirus Could Send Gold Price Soaring Above $1700
The 2019-nCoV coronavirus was declared a global emergency when the number infected surpassed that of the 2003 SARS outbreak. With the death toll doubling every 3-days, the outlook is grim… (Continue to full article)

Gold Price Forecast: All-Time Record High Volume – What Does It Mean
With the newsworthy events of the last few weeks including the assassination of Iranian general Soleimani, retaliatory missile attacks against US forces in Iraq, and now the coronavirus, gold has just broken all-time records for volume on the… (Continue to full article)

Best gold plays as prices eye $1,600 level
Investors should be looking to buy gold in a weaker currency and sell in a stronger one, according to Pepperstone head of research Chris Weston, who is optimistic on gold long-term.

“You always want to buy a commodity in a weakest currency and you want to sell … in the strongest currency. That’s where you get the best bang for your buck… (Continue to full article)

Another Year, Another Massive Pile of Physical Gold Acquired by National Banks
One of the more telling aspects of what’s happened the past two years is the end of the decade marks a decided shift in how national banks see gold. From 2000 to 2009 national banks were net sellers of gold while the years between 2010 and 2019 national banks added more than 5,000 tonnes of physical for an average of 500 tonnes per year for an entire decade. We will see a repeat over the next ten years?… (Continue to full article)

Dismissing the Experts
Regular readers know I often criticize so-called “experts,” usually economists or central bankers whose flawed decisions are punishing the rest of us. I find their expertise is not nearly as reliable as they seem to think.

At the same time, I rely on experts whose judgment I respect. I know they aren’t perfect—usually because they know and disclose their own limitations, and limitations of the data they rely on. I take ideas from many sources, load them in my mental blender and produce what is hopefully a smooth, tasty concoction.. (Continue to full article)

GOLD IS ON FIRE! But Prices Aren’t Prime Time Just Yet…
Amir Adnani, the chairman of Goldmining Inc. sat down with Kitco’s Daniela Cambone at the Vancouver Resources Investment Conference 2020. Adnani had some very interesting takes on gold. He says the price is higher but hasn’t reached its peak just yet… (Continue to full article)

“Remain Calm” Is The Market’s Story! No Need For Gold Or Silver!
The Signal has been given – the time to BUY is NOW!!!… (Continue to full article)

Gold Gets A Rare Compliment From The Financial Times
Investors around the world are hurrying back to bullion.

Holdings in gold-backed exchange traded funds have risen to their highest levels in seven years, following $19.2 billon in inflows last year. Analysts say interest has picked up for a variety of reasons, including fears over slowdowns in big economies, rising geopolitical risks, and an apparent loss of faith in traditional “haven” assets such as Japan’s yen.

But chief among them is a giant mound of negative-yielding debt, now tipping the scales at more than $13 trillion… (Continue to full article)

[Got physical… close at hand?]

Let’s do something about that…

Protecting Your Wealth is heard at 3:00 p.m. (Eastern Time), each Tuesday and Thursday on Republic Broadcasting Network. Jeffrey Bennett, host of the program will be sharing over 60 years of his personal experience in the precious metals markets, in addition to educational commentary regarding YOUR financial health and welfare.

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
Call or TEXT: 1 – 602 – 799 – 8214
gold@morganapreciousmetals.com

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