Precious metals investors don’t necessarily consider 2020 to be a “dumpster fire” like most non-investors do…depending on how well your family’s health has been and your income results—this year might have turned out pretty good for you if you made some good decisions. Most are eager to leave 2020 behind and dive into 2021, as the new year always provides a sense of a “fresh start.” The question is what investment opportunities await us in 2021? We have a forecast at the top of our news today. And at the bottom we have a free report on inflation you can download. Plus, additional metals news to kick off your week.
Let’s dig in…
Commentary
Forecast: Precious Metals in 2021
Next year (2021) will not be a carbon copy of 2020 (thankfully.) No year ever is exactly the same as its predecessor. Which means there could be some opportunities for investors that were never considered in 2020. What will a Biden administration do for the economy? What about a vaccine? In this edition of the Weekly Wrap-Up podcast, you’ll hear the real question surrounding next year’s stimulus package—why price inflation is not guaranteed—and when will uranium and platinum get rolling again?
LISTEN TO THE REPORT HERE
Economy
Gold and the Dollar Finally Part Ways
We've cited time and again over the years that Gold plays no currency favorites. But let's face it: this recent selling in Gold was getting a little ridiculous given the dollar's having taken on a more material demise of late. Why, even the once-venerable Reuters in countering the conventional wisdom that Gold and the Dollar trade in indelibly-negative correlation noted last Monday that "...Gold and Dollar Pay the Price...", (perhaps their writers have been sensibly been peeking at The Gold Update), as the Biden Vaccine and other purported policies get set to save the world from COVID and the cruel StateSide ways.
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Commentary
The Next Gold Rush is Already Here
You have been warned. The Biden – Yellen (BY) nightmare dream team will fulfil our worst fears of deficit spending, debt explosion and dollar collapse. Not that a Trump win would have been that much different since the die had already been cast long ago for the final decline of the current financial system. And the BY duo will be the perfect team to lead the US economy and the rest of the world into perdition. Biden is already an experienced player in deficit spending and massive debt accumulation. And Yellen was there for part of the time printing whatever was required.
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Price
Platinum Reaches Highest Price Since September 2016—Here’s Why
Platinum made gains from $860 above $1070 since the beginning of November, and now the price is at $1058. With the coronavirus vaccine about to be approved by the U.S. Food and Drug Administration, we should see the price of platinum continue to be supported over the long term. Fundamental analysis: Platinum is still cheap relative to other precious metals:
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Commentary
How Will Gold Perform Under a Biden Administration?
America has elected a new President. It was a close race, but Joe Biden eventually won, and he will be inaugurated and take office in the White House on January 20. The price of gold rose initially in the aftermath of the elections, only to plunge on the news regarding Pfizer's (NYSE:PFE) vaccine breakthrough, as the chart below shows. This is what we know.
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Commentary
Special Report: Inflation
Incrementum has released their special report on inflation. Inflation is quickly becoming one of the main topics of due to the events which have especially unfolded this year. A whole arranges of topics and factors play into it, and we took the time to unpack them all. Let’s take a look at a few of them right here.
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Thanks,
Gold Silver Central
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