Gold price adjusted for inflation since the 70s.
The largest and longest cup & handle I have ever seen.
The recent rally in precious metals is only the beginning. pic.twitter.com/C7eQnnsORO
— Otavio (Tavi) Costa (@TaviCosta) April 26, 2020
Buy gold & sell stocks.
Thanks for having me again @PalisadeRadio https://t.co/5B0D8CT6EJ
— Otavio (Tavi) Costa (@TaviCosta) April 26, 2020
Validation.
BOJ's total assets were 20% of Japan's total equity market in 7/2007.
It’s now 108%.
During that time:
Gold in JPY rallied 130% and stocks were barely up.
The Fed is in BOJ's 2007 position, but US stocks are absurdly more overvalued.
Buy gold & sell stocks. pic.twitter.com/CtDIj5PIkj
— Otavio (Tavi) Costa (@TaviCosta) April 26, 2020
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