Record Gold Prices Are Mostly Unrelated to Russia

I believe the U.S. government and Federal Reserve WANT you to think Russia’s invasion of Ukraine is driving gold (and oil) prices higher. I believe the U.S. government and Federal Reserve WANT you to think Russia’s invasion of Ukraine is driving gold (and oil) prices higher. [Outsider Club logo] Record Gold Prices Are Mostly Unrelated to Russia [Luke Burgess Photo] By [Luke Burgess]( Written Mar 10, 2022 The price of gold reached a record high this week. And if you listen to the mainstream financial news, you might think the Russia-Ukraine war has everything to do with gold’s record prices. The Wall Street Journal: "Russia-Ukraine Tensions Power Gold to Eight-Month Highs"CNBC: "Gold Rises Amid Russia-Ukraine Crisis"Bloomberg: "Gold Rises Above $2,000 as War in Ukraine Boosts Haven Demand" There’s just one thing about all these headlines: They’re all wrong. The Russia-Ukraine conflict actually has very little to do with rising gold prices. Now, please note, the Russia-Ukraine war is, in fact, driving the prices of other metals screaming higher. Nickel prices nearly quadrupled in price on Tuesday to $100,000 per ton before the LME suspended trading. Meanwhile, palladium prices touched an all-time high this week of $3,425 an ounce. The Russia-Ukraine war is sending prices for these metals higher. But the war is not what's mainly driving gold. The U.S. government and Federal Reserve WANT you to believe Russia’s invasion of Ukraine is “powering” gold prices higher. And it is to some extent. There’s no doubt the war has fueled some demand for gold. But the price of gold would be increasing without the Russian invasion. In fact, if anything, the Russian war is actually holding back gold prices. Bill Gates Is Betting the House on THIS Breakthrough Technology One of the world’s richest men is betting the house on a new technology that could make you a pile of money. In short, Bill Gates has declared this is the next world-changing development. He’s even called it “the Holy Grail” of modern technology. And he’s poured over $690 million into getting this tech at Microsoft. But here’s the most important part: If you get in now on the ground floor, this emerging technology could turn every dollar you invest into $10... $20... even $50 or more. [Click here now to seize this opportunity.]( I know that might sound a bit counterintuitive to a lot of people. The general perception is that gold benefits during times of significant geopolitical crisis. But that’s not really the case — or at least that has not been the case for the past two decades. Geopolitical crisis has not really been a significant driver for gold prices since 9/11. There have been multiple times of significant geopolitical crisis in the past two decades that gold has all but ignored. In fact, one of those times was in February 2014 when Russia invaded Ukraine. February 2014 saw a brief increase in gold prices, but that was followed by months of downtrend. Gold Prices — 2014[russiastrawmangoldinflation] In the past two decades since 9/11 we’ve seen wars and armed conflicts in Iraq, Afghanistan, Pakistan, Syria, Somalia, Lebanon, Libya, Israel, Mali, Nigeria, Turkey, etc... None of these have been significant drivers of gold prices. Why should Russia’s invasion of Ukraine (this time) matter for gold? It doesn’t. And there’s a very good reason for that: The majority of today’s investors don’t hedge geopolitical crises with gold. Early Bitcoiner Is Now All-in on THIS Christian DeHaemer was one of the first independent financial analysts to recommend Bitcoin and Ethereum... setting people up to make over $1 million with a starting stake of just a few thousand dollars. But right now, he’s tracking six tiny NEW cryptocurrencies, each of which has the potential to rise 10,000% or more in the VERY near future. Check out his urgent report on the next generation of cryptocurrencies by [clicking here NOW.]( Investors today hedge geopolitical crises with the U.S. dollar. This hedging creates demand for the greenback and increases its value. And that increase to the U.S. dollar value generally affects the price of gold to the downside. This has again been the case with the Russia-Ukraine war. Since the beginning of the recent Russian invasion, demand for the U.S. dollar has increased. This is reflected in a more than 3% rise in the U.S. Dollar Index since the Russian-Ukraine conflict began. U.S. Dollar Index — Four Months[russiastrawmangoldinflationusd] Gold, oil, and the U.S. dollar are all increasing in value at the same time. If investors weren’t buying the U.S. dollar right now to hedge the Russian conflict, the price of gold would be much stronger. That’s why I say the Russian war is actually holding back gold prices, not contributing to them. So if the Russia-Ukraine conflict isn’t the main contributor to rising gold prices, what is? Well, simply put: inflation. As I mentioned, I believe the U.S. government and Federal Reserve WANT you to think Russia’s invasion of Ukraine is driving gold (and oil) prices higher. That’s because, sooner or later, the Russia-Ukraine war will end. And if they can convince people that the war is pushing commodities higher, they can convince them later that the end of the war should mean a return to more normal levels. It’s a classic straw-man strategy. And the U.S. government and Federal Reserve need a straw man to shield themselves from this… U.S. Dollar Supply — Five Years [russiastrawmangoldinflationusdsupply] … The more than $6.2 trillion the U.S. printed in the past two years. 40% of all U.S. dollars that exist right now was created in the past 24 months. That massive influx of fresh cash IS what’s driving gold (and to some extent oil) higher right now. But that’s a problem that won’t end. The Russia-Ukraine war, on the other hand, is the straw man that will end. "Plastic Killer" Could Soar to Historic Gains One tiny company is about to disrupt the $579 billion plastic market... Its patented biological alternative could be worth billions soon. Major brands could soon depend on this innovation developed in cooperation with the University of British Columbia. Giants like Nestlé and Keurig could run to this tiny company for help, as they’ll have to replace their standard plastics. Gains of as much as 6,896% are on the table. But this is urgent... Because radical environmental policies are unfolding right now… and this unexpected turn of events could make this company huge. [Read this briefing]( for the details before it’s too late. You can’t rely on the government to have your personal interests in mind. You can’t even rely on it for even the slightest unbiased information. And like Energy and Capital editor Sean McClosky said the other day, “If you’re not actively looking to protect your own wealth, no one is.” Sean has been involved in the investment markets for 35 years now, focusing his efforts today on safe, low-risk/high-reward options plays and guiding investors to large returns. Across all the trades he made in 2021, he averaged a return of 130%. Those returns include: - 207% on Chevron in 22 days... - 597% on AMD in 16 days... - And 1,121% again on AMD in just 12 days! He says, “A lot of people misuse options and get caught up in big losses. But with the right guidance and system it's a super easy safe way to trade for big bucks. And it works in any market — bull market, bear market, it doesn’t matter.” Sean will be hosting a special limited-access event tonight at 4:00 p.m. EST (1:00 p.m. PST) where he plans to show investors how to earn 49X the gains of traditional stock investing. And he’s given me permission to offer you access to this event. You can sign up to attend this event by clicking [here](. But remember, it starts at 4:00 p.m. EST (1:00 p.m. PST) TODAY. So if you want to attend, [sign up now](. Until next time, [Luke Burgess Signature] Luke Burgess Luke’s analysis and market research reach hundreds of thousands of investors every day. Through his work with the Outsider Club and Junior Mining Trader, Luke helps investors in leveraging the future supply-demand imbalance that he believes could be key to a cyclical upswing in the hard asset markets. For more on Luke, go to his [editor’s page](. Browse Our Archives [Let Me Tell You About the “Murmansk Run”]( [The Mystery Man at the State of the Union]( [You Have No Idea What's Coming]( [Welcome to the Meat Grinder, and the Advantage That Comes With It]( [3 Safe Gold Stocks to Hedge Inflation]( --------------------------------------------------------------- This email was sent to {EMAIL}. It is not our intention to send email to anyone who doesn't want it. If you're not sure why you've received this e-letter, or no longer wish to receive it, you may [unsubscribe here]( and view our privacy policy and information on how to manage your subscription. To ensure that you receive future issues of Outsider Club, please add newsletter@outsiderclub.com to your address book or whitelist within your spam settings. For customer service questions or issues, please contact us for assistance. Outsider Club, Copyright © 2022, Outsider Club LLC and Angel Publishing LLC. All rights reserved. 3 E Read Street, Baltimore, MD 21202. Your privacy is important to us – we will never rent or sell your e-mail or personal information. Please read our [Privacy Policy](. Neither the publisher nor the editors are registered investment advisors. Subscribers should not view this publication as offering personalized legal or investment advice. Read our [Details and Disclosures.]( ---------------------------------------------------------------