Gold and silver each had a superb two-year run in 2019 and 2020. However they’ve spent a lot of 2021 thus far in a downward drift.
Which is puzzling given what number of tens of $trillions have been injected into the worldwide system by the world’s central banks because the pandemic hit final yr, in addition to the huge spike in inflation all of that financial and financial stimulus has precipitated.
The costs of practically each different commodity have risen dramatically in response — however why not the dear metals?
And past the metals themselves, the dear metals mining trade stays one of many extraordinarily few sectors NOT buying and selling at all-time bubble-level highs, regardless of being extra worthwhile than ever.
In truth, on a relative foundation, it has virtually by no means been extra undervalued — ever.
On this new video, treasured metals analyst Jeff Clark explains why it is solely a matter of time till the market corrects this excessive low cost, and why larger costs — probably MUCH larger — lie forward.
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