Great Bear Resources Ltd. GTBAF

RE:“Gold timers have now turned bullish...

[rborhi]

Honestly gold has too much going for it to not rise strongly.  The difference between now and before is that the Fed and other world governments are in full printing mode and propping up the world stock markets and financial system.  IF they weren't doing that we'd be in a whole different place today.  General investors have been conditioned to not fight the Fed and go with the flow, but it's doubtful to work this time, in the sense that there won't be a full normal recovery.  Do you think investors would be piling into the Dow and FANG without having the Fed's support to backstop everything?

Interest rates have to stay low because debts are so high, everyone would get crushed with higher interest rates.  Fed tried to normalize and reduce their balance sheet last year, and markets started to swoon so they stopped.

Gold and mine supplies are having pressures.  Central banks have been buyers of gold, what do they know?

And lastly, general investors have barely entered the gold silver market.

Gold is up in the last year, mines are super profitable, silver has yet to make a run.

Maybe it is just too obvious or simple to those in the gold market to think it will run, so the contrarian view is that it won't, but gold seems to have everything going for it now and it will be some good years ahead, with dips but mostly up up up.