Report: Gold Investor's Survival Guide

What Drives Gold Prices? (Don't Say "the Fed!") By Elliott Wave International Excerpted from Elliott Wave International's new report "[Gold Investor's Survival Guide: 5 Principles That Help You Stay Ahead of Price Turns](." There is a glaring hole in the popular understanding of what drives gold's price. Mainstream finance believes the Federal Reserve's monetary and interest rate policies shape the trend. That sounds like a solid explanation... except, the Fed officials themselves disagree! Consider their own statements: In July 2013, Fed chairman Ben Bernanke told Congress he "doesn't pretend to understand gold prices... nobody does." Bernanke's successor Janet Yellen later concurred: "I don't think anybody has a very good model of what makes gold prices go up or down." And at the 2014 New Orleans Investment Conference, perhaps the most famous Fed chair, Alan "the Maestro" Greenspan, explained that gold's "value...is outside the policies conducted by governments." (You know, like the highly revered quasi-government institution he used to be the head of.) Despite the uncertainty voiced by the three most recent Fed chairs, mainstream analysts today still believe the Fed's monetary policy pushes around gold's price. Investors accept this idea as fact because they hear it endlessly. But the notion is simply not accurate. As a result, these investors find themselves on the wrong side of the trend time and time again. Fortunately, you don't have to be one of them. [Principle #1: Forget the fallacy that "gold follows the Fed."]( Consider this chart of gold prices alongside the Fed's monetary policy since 2011. First red arrow: In 2011-2015, gold prices plunged 40%. By mainstream logic, gold's freefall must have coincided with hawkish Fed -- because higher rates make other investments besides gold more attractive, so gold prices fall. Right? In fact, it was just the opposite. During the same period, in 2011-2015, the Fed left interest rates at their lowest level ever, 0% to .25%. But that's not all. The Fed also injected $4.5 trillion in stimulus into the markets and economy during this time via quantitative easing. According to conventional wisdom, either action should have pushed gold's price higher -- and together, MUCH higher. Yet... gold fell over 40%! [A $49 value. Get it now at elliottwave.]( First green arrow: Now look at December 2016 - August 2019, when gold prices moved mostly higher. That must mean the Fed was LOWERING interest rates at the time -- right? Nope! During this time, the Fed RAISED rates eight times -- and QE had long been retired. Gold rose anyway. Second green arrow: Next, look at November 2019 - July 2020. The Fed cut rates five times and launched QE4 in January 2020. Gold fell, right? Ha! Despite the dovish Fed and the new QE, gold's rally resumed. Second red arrow: Lastly, look at August 6, 2020. The Fed said it'd keep rates near 0% indefinitely and inject trillions in new stimulus money. Did gold rally? Yeah, right! Gold prices peaked and turned down. If anything, since 2011, the mainstream's understanding of the Fed/gold relationship has been backward. Except, there is an even better explanation. Read it now in EWI's new "[Gold Investor's Survival Guide](." You'll learn an objective method to help you forecast gold's price moves, how to identify and stick with gold's trend and more. [A $49 value. Get it now at elliottwave.]( --------------------------------------------------------------- AD: Bonus Partner Education: • PDF: [Top 5 Biotech Stocks That Could Double in 2021]( • 10XProTrader Newsletter [Crushing It "80% Trade Wins"]( • Get Sami’s [List Of Hottest Stocks Every Sunday]( --------------------------------------------------------------- We may generate revenue from this and other advertisements. Statement Of Disclaimer: U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Futures, option, forex and stock trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website/email is neither a solicitation nor an offer to Buy/Sell futures, options, forex or stocks[.]( No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC RULE 4.41 - Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity[.]( Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown. [Unsubscribe]( | [Edit your details]( TradeSmart 15 Kanfei Nesharim St. Jerusalem Yerushalayim 9546427 Israel - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -