Is Gold’s Price Breakout Here?

The price action in gold is something investors should be paying attention to.  The Congressional Budget Office projects that within a decade debt held by the public will approach $45 trillion, up 63% from this year. With trillions of dollars pumped into the system during Covid, directly into people and corporate bank accounts, the Fed believed that inflation would only be “temporary”. Transient inflation became the flavor of the day, “it will subside” Central Banks said. Has inflation truly subsided? Strip out food and energy and it’s not so bad, one could argue. But, in case you haven’t seen it, gasoline prices are up 30%, and the price of chicken is up 50% in the past few years. Want a dozen eggs? It’ll be 60% more today than in 2021. Maybe inflation isn’t as transient as they claim. [Gold certainly doesn’t think so.]( And the price action in gold is something investors should be paying attention to. Gold is now officially breaking out in every currency including the U.S. dollar, which means it’s in a bull market. The sneaky rally in gold has now gone full mainstream, yet is receiving no mainstream media attention. Gold has flirted with all-time highs several times over the past few years, only to snap back, consolidate, and try again… Which on a long-term time frame is very healthy for a [powerful move to come](. As the chart above shows, gold spent five years in consolidation after soaring 550% over the span of a decade. Then it began its move higher in 2019, bursting to a new high after Covid. Gold has since spent the last few years inching higher, making higher lows in a tight trading range. And at the end of 2023, gold finally popped hard, and it has not looked back. But inflation, unemployment, and of course, potential Fed rate cuts as it will have a direct impact on how gold fares throughout the remainder of 2024 and beyond. That’s why I’ve put together this [special limited-time report]( that outlines what could be the biggest, yet most overlooked, story in the gold sector – and exactly how you can prepare yourself to take advantage of it. [Everything you need to know here.]( Regards, Marin Katusa Publisher, Katusa Research   --------------------------------------------------------------- This contains paid ads from 3rd parties, for a product or service that is not offered, recommended or endorsed by us and for which claims have not been independently verified. We bear no responsibility nor have control over the content and /or the products or services offered. The information is intended for informational purposes only and does not promise any results. There is a high degree of risk involved with trading. Nothing herein should be construed as an offer, or solicitation of an offer to buy or sell securities. You should always consult with a licensed securities professional before purchasing or selling securities. If you use, act upon or make decisions in reliance on information contained herein or any external source linked within it, you do so at your own risk and agree to hold us, our officers, directors, shareholders, affiliates and agents harmless. Principals, employees or affiliates of our company may have an interest, a position or effect transactions in the companies discussed (or options thereon) and /or otherwise employ strategies that may be consistent or inconsistent with the provided strategies. Please review our [TOS](. You are receiving this because you are subscribed to receive our newsletter publications. Company Information Digiclicks Ltd, 2423 SW 147th Ave #790, Miami, FL 33185, USA  Digiclicks Ltd, 2423 SW 147th Ave #790, Miami, FL 33185, United States You may [unsubscribe]( or [change your contact details]( at any time. [Powered by:](