According to Craig Hempke, a/k/a Turd Ferguson, there’s nothing the Fed can do now to staunch the ever increasing amount of government debt. Their hands are tied, raising interests rates is not an option and Fed Chair Jerome Powell has tacitly admitted as much. That means higher inflation, low rates into the indefinite future and by reference, higher precious metals prices. BTW, have you seen the miners lately?

Direct download: Craig_Hemke_15.Sep.20.mp3
Category:general -- posted at: 8:01am EDT

Gold miners are the new hottest segment of the market. After spending much of the past decade in survival mode, they’re proof that every dog has its day. With gold prices hitting an all-time record in July, and since then entering into a consolidation pattern, the miners have kept going higher. How much longer the bull market will continue is the question, but it certainly could go on for quite a bit longer. And that’s what John Feneck and his fund are counting on. 

Direct download: John_Feneck_15.Sep.20.mp3
Category:general -- posted at: 8:00am EDT

1



-->

Syndication

Categories

Archives

September 2020
S M T W T F S
     
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30