A Breakout Indicator for Gold

Aug 3, 2021

Inflation hits the highest level in 13 years… the rate is wildly overshooting Fed members’ original targets… gold appears poised for a big move The highest inflation rate in 13 years… On Friday, we learned that June’s year-over-year inflation rate came in at 4%. That’s the highest level since 2008. It also happens to be double the Fed’s stated goal of 2% inflation. For some context on this 4% number, let’s rewind to last summer. About twelve months ago, Dallas Fed...

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Kitco.com – Gold’s 5-year target can still be $5,000 as markets underestimate central banks’ tightening risks – Quadriga Igneo fund

Aug 3, 2021

(Kitco News) Gold is still capable of rising to $3,000-$5,000 an ounce in the next three to five years as markets underestimate the longer-term risks associated with the central bank monetary policy tightening after massive money printing, according to Quadriga Igneo fund. This forecast comes from the fund’s manager Diego Parrilla, who successfully predicted gold’s record-high rise to $2,075.47 last year. “Central bank money printing isn’t really solving problems,...

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Piedmont Lithium Corporate Update

Aug 3, 2021

Piedmont Lithium Corporate Update Key Takeaways: Completion of redomiciling as U.S. company Scoping update for Carolina Lithium shows increase in potential hydroxide production capacity Establishment of a single integrated Gaston County manufacturing campus Definitive Feasibility Study (DFS) to be completed in H2 2021 Formal permitting and approval processes underway Geographical resource expansion to help create multi-asset...

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