PERSEVERANCE
Dead Ahead? Stewart Thomson 321gold ...inc ...s Sep 14, 2021 Investors are eager to see a significant rally in price of the worlds greatest metal, which of course is gold! Are these expectations realistic, given the overvalued stock market and the prospect of central bank tapering? The answer is yes. Please click here now: Double-click to enlarge this important weekly gold chart. A crossover buy signal for the key 5,15 moving averages is apparent. It becomes highly significant if it holds into this Fridays close. Please click here now: Double-click to enlarge his Nasdaq moving averages chart. Any sell signal that occurs in September or October needs to be respected. Current stock market concerns are driven by rising inflation, and a Fed that is reluctant to taper its stock, bond, and real estate market welfare programs known as QE, and even more reluctant to raise interest rates. If this theme intensifies, it can create outflows from the stock market and inflows into gold. A 1970s on steroids theme appears to be at hand. Please click here now: Double-click to enlarge this stagflationary gulag chart that showcases the time of 1966-1980. Ive suggested that America is at a crossroads akin to a hybrid of the 1966 and 1929 markets, with 1966 coming first. When the stock market stalled in 1966, it wasnt until 1973 that it really collapsed, with many lower tier stocks falling 90% as the Dow was cut in half. Please click here now: Double-click to enlarge. Heres a look at gold during the same period. Gold surged from 1973 to 1975 as inflation destroyed stock market investors and kept surging with each subsequent stock market swoon! Investors who are using the 2008 and 2020 deflationary playbooks to predict a gold price fall with a stock market tumble risk are becoming as obsolete as the investors of the 1970s who took that same approach. This is a new paradigm, and its a bull era for gold! Please click here now: Love and fear trade price drivers are coming together to create a perfect upside storm for gold and the storm could last for a decade or longer. In 2019 a lot of Western gold analysts thought that Chinese and Indian youngsters would opt for smart phones instead of gold. In contrast, I suggested they would get the smart phones, and use them to consistently buy significant amounts of gold. That buying is taking place and its set to rise in the years ahead. Please click here now: Double-click to enlarge one of the most glorious charts in the history of markets. Note that when Janet Yellen raised interest rates a few years ago, she didnt have to deal with the inflationary dragon that Jay Powell must contend with now. If Jay hikes rates and inflation doesnt subside, hes likely going to have to deal with the biggest stock market panic since 1929 and a surge into gold not seen since the 1970s! Please click here now: Double-click to enlarge this weekly "GOEX" ETF chart. As noted, the moving averages are converging, and a Stochastics buy signal is coming into play. Whats particularly interesting is that these green shoots for the metals and miners are appearing as brown shoots for the stock market also appear. Hardcore gold bugs who have great memories of shorting the stock market while buying gold stocks in the 1970s they may soon be able to have that cake and eat it too! Thanks! Cheers st September 14, 2021 Stewart Thomson Graceland Updates website: www.gracelandupdates.com email for questions: stewart@gracelandupdates.com email to request the free reports: freereports@gracelandupdates.com Tuesday 14th September 2021 Special Offer for 321Gold readers: Send an email to freereports@gracelandupdates.com and I'll send you my free Golden Thunder & Silver Lightning! report. I highlight must-own gold and silver stocks, including some that are under the radar of most analysts but on the move. Buy and sell tactics are included for each strong stock! Graceland Updates Subscription Service: Note we are privacy oriented. We accept cheques. And credit cards thru PayPal only on our website. For your protection we don't see your credit card information. Only PayPal does. Subscribe via major credit cards at Graceland Updates - or make checks payable to: "Stewart Thomson" Mail to: Stewart Thomson / 1276 Lakeview Drive / Oakville, Ontario L6H 2M8 / Canada Stewart Thomson is a retired Merrill Lynch broker. Stewart writes the Graceland Updates daily between 4am-7am. They are sent out around 8am. The newsletter is attractively priced and the format is a unique numbered point form; giving clarity to each point and saving valuable reading time. Risks, Disclaimers, Legal Stewart Thomson is no longer an investment advisor. The information provided by Stewart and Graceland Updates is for general information purposes only. Before taking any action on any investment, it is imperative that you consult with multiple properly licensed, experienced and qualifed investment advisors and get numerous opinions before taking any action. Your minimum risk on any investment in the world is 100% loss of all your money. You may be taking or preparing to take leveraged positions in investments and not know it, exposing yourself to unlimited risks. This is highly concerning if you are an investor in any derivatives products. There is an approx $700 trillion OTC Derivatives Iceberg with a tiny portion written off officially. The bottom line: Are You Prepared? 321gold Ltd 1320