Wealth Articles

STOCKS GETTING SMOKED: Gold, Bitcoin GREATLY OUTPERFORM!

Aug 13, 2019 | Wealth Articles

The tide has turned, folks. Large-cap stocks are wobbling and teetering – they’re just all over the map. They’re reacting violently to every little tweet and threat in the trade war and the smart money is abandoning the Dow Jones in favor of crisis hedges – one ancient and one modern, but both excellent stores of value.

The first one is gold, which has been trading in a range for six years but in June has BROKEN OUT above that resistance line and there’s absolutely no stopping gold from reclaiming its $1,895 high, in dollar terms. Gold has already attained its all-time high against multiple world currencies like the British pound and the Canadian dollar, and it won’t be long before it achieves a new high in U.S. dollar terms.

On a technical level, gold has not only broken above its long-term resistance line of $1,350, but it has also squeezed the shorts out of their positions with a breach of the psychologically significant $1,500 landmark:

Courtesy: Barchart.com

Just look at the size of those last three candlesticks: breaking through $1,500 was a major milestone, and the gold short-sellers on the COMEX market are crapping their pants right about now. President Trump has made it crystal clear that he wants a cheap dollar, and he’ll get his wish or die trying, believe me – it’s bad news for dollar bulls, but terrific news for gold.

Besides, the global trend is towards bond rate suppression, and that’s another driver of the gold price. The dollar amount of negative-yielding bonds in the world is approaching $14 trillion and the U.S. is itself moving towards zero and then negative interest rates.

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This is creating multiple yield-curve inversions, an ominous sign for the large-cap stock market but a prime environment for a massive bull run in gold.

Gold is the only safe haven that I like right now – big buyers are Bitcoin in these uncertain times. With a limited supply of 21 million Bitcoins, there are many parallels between gold and Bitcoin: collectible, inflation-resistant, and uncorrelated to the shaky large-cap stock market – both are seeing incredible price momentum now.

Courtesy: Barchart.com

Much like gold, Bitcoin is powering its way towards all-time highs. Currently, Bitcoin is within the top 2% of its historic price range – and yet, like gold, it’s targeting its previous all-time high and could easily get there in 2019.

Could Bitcoin reach $250,000 by the first quarter of 2023 like billionaire Tim Draper says it will? Or $1,000,000 by the end of 2020 like John McAfee predicted? All that matters is that billionaires – the really smart money – are trusting Bitcoin just like the world’s central banks trust gold, and you can expect both of these safe-haven assets to make big moves in the near future.

I’ll be announcing a MAJOR new pick very soon and it has 1,400% 12-month potential – even more than Bitcoin and gold. It will change everything and while Bitcoin and gold will be game-changing, this pick will be life-changing.

Best Regards,

Brad Robbins
President, PureBlockchainWealth.com

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Legal Notice:
This work is based on SEC filings, current events, interviews, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility.We have not been compensated in any way, have no relationship to the company, and did not contact anyone from Royal Gold, Franco Nevada and Sprott Inc to speak with them regarding our unpaid coverage. Myself, staff, and the owners of this Website and its affiliates currently own NO shares and will not buy for the next 72 hours. Wallace Hill Partners LTD, a Canadian company, which is owned by the same parties as portfolio wealth global llc, has been previously compensated fifty thousand dollars, directly by Silver One Resources for a thirty-day marketing campaign that has since expired. We have been previously compensated by First Majestic Silver for an agreement that has since expired, we currently own shares purchased on the open market and one hundred thousand options for past marketing agreements. We will never sell any shares during any active email marketing campaigns. Wallace Hill Partners, a Canadian LTD, which is owned by the individuals that ownPureBlockchainWealth, has entered three year marketing agreement with American Pacific Gold and has been compensated two hundred and fifty thousand dollars and has received two millions and eight hundred thousand shares directly by the company. We have been compensated by Marifil Mines two hundred thousand dollars for a one year agreement. We currently own shares purchased through their most recent private placement. We will never sell any shares during any active email marketing campaigns. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.

Please read our full disclaimer at PureBlockchainWealth.com/disclaimer

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