BillHolter.com

Bill’s Commentary:

“Gold is breaking out higher in ALL currencies.”

The Next Phase of Gold’s Bull Market Has Just Begun

Following more than two months of stagnation after the U.S. presidential election, gold is now breaking out decisively, signaling its readiness to resume its rally toward $3,000 and beyond. While this recent pause has tested the patience of many investors, I’ve consistently maintained that it was a healthy consolidation phase, paving the way for even greater gains. Now, as I’ll demonstrate with numerous charts, gold is breaking out of its post-election trading range across nearly every major currency, reaffirming its bullish momentum.

In my view, the most important gold chart to monitor is the COMEX gold futures chart, priced in U.S. dollars. Over the past few months, a triangle pattern has taken shape—a formation that is typically a continuation pattern, suggesting the uptrend preceding it is likely to persist. Today, gold broke out of this triangle, an encouraging development. Notably, as I recently explained, a similar triangle formed in late 2007, and its breakout signaled substantial gains in the ensuing months.

Read more here…

Bill’s Commentary:

“I am most concerned with something not mentioned by Erik… going to jail for criticizing anything Israel does. If this “law” or Executive Order comes forth, it will be the tell…

And by the way, if we were ever to get to a true “golden age,” it would mean the currency would have blown up and the only road to acceptance would be currency backed by gold. Pain IS coming, one cannot erase 60 years of perverse spending.”

The latest from Erik –

Bill’s Commentary:

“Good timing!”

On the eve of Trump, Iran and Russia launch historical deal

Timing is everything in geopolitics. This past Friday in Moscow, only three days before the inauguration of US President Donald Trump in Washington, top BRICS member leaders Russian President Vladimir Putin and Iranian President Masoud Pezeshkian signed a Comprehensive Strategic Partnership Agreement, detailed in 47 articles, twice as many as in the recent Russian–North Korean deal.

This strategic partnership is now set in stone just as the – unpayable – humongous debt of the US government reaches an unprecedented $36.1 trillion, equivalent to $106.4k per American, and just as the US share of the global economy falls below 15 percent for the first time, based on World Bank/IMF figures.

In sharp contrast, the Russia–Iran strategic partnership aims to solidify even more the interlocking drive of crucial multilateral organizations driven to organize the new multimodal world: BRICS+, the Shanghai Cooperation Organization (SCO), and the Eurasia Economic Union (EAEU).