The market has no clue that it has severely undervalued the price of gold. While Central bank intervention has worked hard at capping the gold price, the ‘Great Gold Supply Disconnect’ will most certainly remedy that situation. This gold supply disconnect took place after the gold price peaked in 2011.
That being said, the world is speeding recklessly towards an epic market catastrophe. No, this isn’t hype… I wish it was. But, unfortunately, the poor folks who continue to believe their STOCK, BOND & REAL ESTATE portfolios will provide them with a healthy retirement in the future, have no idea that their true values evaporated many years ago. However, the market just hasn’t BAKED THEM INTO THE CAKE YET…. LOL.
This post was published at SRSrocco Report on JUNE 7, 2017.
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