Manuel Blay’s Post

The chart below, shared by Oktay Kavrak, CFA shows that gold reacts more to the amount of money printed and debt than inflation. The more fiscal deficits get out of control, the more the collapsing monetary system requires stimulus, the more all countries print their way out of problems, and the higher gold will go in the long run. Gold, as with stocks, real estate, or anything that cannot be easily printed, will tend to go up long term. As Richard Russell said, governments must "inflate or die". Yes, the chart is not logarithmic, but it serves its purpose: to highlight that the higher the US national debt goes, the higher gold will go. https://lnkd.in/dMn7Ppz3   #gold #goldprice #GoldInvestment #NationalDebt #MonetaryPolicy #InflationHedge #EconomicTrends

We became bullish on 11/10/2022, when everyone was bearish, and have been riding the bull ever since. We disregarded the inverted yield curve, poor market breadth, and countless bearish narratives and stood put, posting excellent gains in our two portfolios. However, past performance does not guarantee future results, and we can’t rest on our laurels. Our October 1st letter, "The Best 18 Months," offers a comprehensive analysis of the stock market's potential trajectory over the next year and a half. This in-depth examination covers several crucial aspects:  • The probability of a recession and its potential impact on the stock market • An analysis of the Fed cut and its implications • A new profit target projection for the S&P 500- • An update on our trend-following indicators, which have demonstrated remarkable accuracy • Are small caps a Buy or should we wait? • Current trends and performance updates for our two real-money portfolios, which continue surging with the market, focusing on drawdown reduction achieved through our Timing Indicators. • Is Bitcoin ready to come back to life again? What do the Miners, exchanges, and Ethereum say? • The latest trends in US bonds, precious metals, and their corresponding ETF miners. Would you like to hone your skills as a successful stock market timer? Do you want to participate in our +70 years of successful track record? Do you want to invest based on a plan and not emotions? Subscribe to our Letter by clicking here: https://lnkd.in/e_-W5UZ7 hashtag#technicalanalysis hashtag#trendfollowing hashtag#dowtheory hashtag#bullmarket hashtag#stockmarket