Wednesday, December 2, 2020

Tag: Craig Hemke – There’s a New Gold Cycle

Craig Hemke – There’s a New Gold Cycle

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by Kerry Lutz, Financial Survival Network:

Craig Hemke of TF Metals Report joined the program… In finance as in life, things change and what you thought you knew that was true in the past, is no longer. For years gold moved in tandem with Japanese Yen. But a few months ago things changed. It’s now moving in near lockstep with the Chinese Yuan. While the reasons are not fully known or understood, the result is that gold failed to put in a summer rally and we may not see the widely anticipated 4th quarter/1st quarter rally. And the much vaunted COT report may have lost its groove. The only way to prosper in any market long term, is to acknowledge the power and impact of cycles. Are we seeing another cycle shift in precious metals that will carry through the rest of the economy? Let’s see what happens next.

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