Article : The Fed, the debt, China and goldPutting everything in context. Will gold finally have its glory time soon?
The Fed, the debt, China and gold - hy Richard Mills Conclusion
Between all of the global pressure points requiring a safe-haven investment, and the fact that, by “blowing up the Treasury” with incessant interest rate hikes that are going to force the Fed to pivot back to monetary easing including QE and interest rate reductions, we see the perfect setup for gold, soon coming to a market near you.
The time to buy gold, or any other investment, is when it’s hated and undervalued. The current sentiment in the gold and silver markets is very negative. Producers and junior miners are on sale and the juniors with the best development projects are offering major upside.
Personally I am taking advantage of the lull in the markets to accumulate positions in high-quality exploration companies with excellent projects in low-risk jurisdictions.
I see us going into a rising gold price environment and historically the greatest leverage to an increasing gold price is a quality junior. Also, for several metals like copper, lithium, nickel and graphite, the green revolution is demanding more metal than can be supplied, and junior companies own the world’s future mines, making them extremely attractive take-over targets.
I think SGNL is fitting the "high-quality exploration companies with excellent projects in low-risk jurisdictions", right?
GLTA