Central banks are shooting blanks 🙂
The multi-year bear market for gold and silver mining stocks appears to be coming to an abrupt end as gold breaks important resistance. The GDX mining stocks ETF has moved from $12 to over $19 in less than two months. As we re-enter a GLOBAL gold bull market, smart money appears to be leveraging rising gold and silver prices through the precious metals mining company stocks. Amir Adnani, the founder and Chairman of Brazil Resources joins me to discuss his outlook for the precious metals mining sector and global economy. About the central bankers Adnani says “They’re out of bullets.” As the result of negative interest rates and endless fiat money printing, people are quickly turning back to real money, gold. Adnani believes we are at the very beginning of an historic gold bull market, the likes of which the world has never seen.
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