Once we’re into the deflationary vortex of capital destruction that negative yields bring, the argument for alternatives like gold and bitcoin as safe-haven assets strengthens exponentially.
Gold remains the best place for you to preserve your purchasing power in the face of the next wave of deflation to hit the markets.
Because of this win by Merkel and the surging support for her domestically, she is now back in charge of the EU after looking like she was on her way out of power.
We will likely see follow-through action in equities next week while oil prices continue to flounder.
This is one of the longest and most sustained and dramatic periods of backwardation in gold I’ve ever seen.
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