The Austin Report

News - Gold Prices - Silver Prices - Opinions

April 13, 2021
  • 📈 Live Gold Silver Price Charts
  • Gold Bullion Investments
  • Buy Gold, Buy Cheap, Buy Now
  • How to Sell Coins, We Buy Coins
  • Home
  • Categories
    • Boom and Bust
    • Covid19 Pandemic
    • Inflation
    • Stock Market Bubble
    • My Diary
    • Silver Investing
    • Platinum
    • U.S. Debt Bomb
    • U.S. Dollar Decline
  • Gold Prices
    • Gold Price Charts
    • Historical Gold Prices 2000–2020
    • A Time for Gold…Again
  • Debt Matters
  • Gold Articles
    • Banks Hoard Another 1,300 Tons of Gold
    • Reasons to Buy Gold Now
    • 56 Gold Forecasts $3,000 to $20,000
    • Why Buy Gold
    • Scams, Nasty Gold Scams
  • Silver News
    • Silver Investors ETPs Surpass One Billion Ounces
    • Silver Coin Highlights the Simpsons
    • Silver Updates
  • Stock Bubble?
    • Dow Stocks vs Gold vs Dollar Chart
  • Gold Investing

Gold Buying Checklist 2021

If you’re a potential Gold buyer thinking that now’s the time to buy Gold, here are our opinions.

Is Gold in a continuing bull market?
Run our checklist and see for yourself…

 

Gold prices up 24% in 2020. Possible minor correction then extension of bull market Gold run when reality of pandemic severity comes home.

 

After a 14.7 million unemployment peak hit in April, second wave of Covid 19 unemployment will likely appear in January following increased Covid 19 cases, hospitalizations, and deaths post Holiday travel.

 

Pandemic is far from over, Covid 19 deaths in U.S. exceed 4,000 a day early January. Hospital being filled with virus patients. Meanwhile, there are stumbles and delays in getting vaccines rolled out, shots in arms. 


Some 25% of Americans say they won’t be vaccinated for Covid 19. Another 25% aren’t sure.  We need 75% to 90% of Americans vaccinated for herd immunity to end medical and financial destruction.


Lockdowns, stay at home orders, restaurant closings in largest cities worldwide continue to stunt economic growth and increase unemployment.


Fear of a deep recession and Democratic control of Washington assures increased deficit spending and Federal Reserve money creation.


Due to money creation already, U.S. Dollar is in steep decline, down 7% in 2020, lifting Gold prices correspondingly. Cost of imported goods will rise as the Dollar falls further.


U.S. Stocks trading in an extreme bubble second only to Dot Com Bubble and 78% crash. Stocks risk second Coronavirus driven sell-off.


Unemployment is very high exceeding xx reported with hundred of thousands of jobs having disappeared in permanent business closures. 

 

First $600 checks sent end of year, Democrats want $2,000 stimulus— all newly created, fake money with more than a $1 Trillion Dollar price tag to start.

 

Severity of pandemic financial crisis and long-term consequences being covered up by Washington politicians and media, ignored by Wall Street. In times of uncertainty, investors turn to Gold.


CONCLUSION:
  We believe Gold will gain more than 10% in 2021 because of historic low interest rates or negative nominal interest rates worldwide. The excessive money creation to fight Covid 19 has caused a decline in the U.S. Dollar that will ultimately create inflation in food, commodities, Gold, Silver, and everything imported you buy from Amazon, Walmart etc. It’s not just inflation that drives up Gold, it’s the fear of inflation that has already begun to infect the market.

We have seen the price of Stocks, Gold, Silver, and other investments emotionally driven and volatile, a trend that will continue past the end of 2021. The Coronavirus Pandemic is not under control nor will it be under control worldwide this year. Every facet of the U.S. economy will be under a severe strain in 2021 from small shops to international corporations.

The severe damage to world GDP and free market profitability will ultimately prove to be far worse and last longer than the 2008 Financial Crisis. Prepare your life savings for the worst and pray for the best.

Buy Gold. Buy Silver. Buy on dips.

Recent Posts

  • Higher Taxes, Higher Inflation Coming
  • Come to America- Free Hotel Rooms!
  • Stimulus Checks Stuck
  • What’s in the $1.9 Trillion Dollar Stimulus Package
  • $1.9 Trillion Rescue Could Create $4 Trillion in Debt
  • 1822 Capped Bust $5 Gold To Sell for Millions
  • U.S. Covid Deaths 500,000
  • U.S.A. BUSTED, BROKE, BORROWED TO THE HILT
  • All-Time High Buffett Indicator Says— Stocks Too Expensive!
  • Biden’s $1.9 Trillion Stimulus Could Smash the Dollar
  • Green Energy Problems & Frozen Texans
  • Only Months Away from $50 Silver

Categories

  • Boom and Bust
  • Covid19 Pandemic
  • Energy
  • Gold Investing
  • Inflation
  • My Diary
  • Negative Interest Rates
  • Palladium
  • Platinum
  • Rare Coins
  • Silver Investing
  • Stock Market Bubble
  • U.S. Debt Bomb
  • U.S. Dollar Decline

Buying or Selling? We Recommend:

  • Roxanne Byrd Austin Advisor
  • Austin Rare Coins, Inc.
  • 1-800-549-2392
  • Roxanne@AustinCoins.com

Tag Cloud

Gold Investing Covid19 Pandemic Stock Market Bubble U.S. Debt Bomb Silver Investing My Diary Inflation Boom and Bust U.S. Dollar Decline Negative Interest Rates Platinum Rare Coins Energy Palladium
© 2020 ByrdPro, Inc.