Gold Is About to Go Bonkers

Andy Snyder|January 5, 2023

We just released the “Big Prediction” issue of Manward Letter.

As usual, subscribers went wild.

“Best on the Street. Cancel all other reoccurring subscriptions!” one reader wrote.

“Loved it,” another simply put.

The ink is hardly dry on that issue, and we’re already pulling together research for the next one… which will be devoted to the currency of currencies… the money of kings…

Gold.

This will be a huge year for the shiny stuff. Folks who own miners will do well. And the metal itself will bring just as strong of profits. Even fast-moving traders will be able to get in on the action (through an idea that has us especially excited).

Let’s be clear: The day the Fed makes its “pivot” will be the best day for gold in years – if not decades.

But there’s no reason to wait.

A Golden Year

Gold has held up remarkably well over the past year, despite immense pressures working against it.

It added 4% to its value in 2022, proving that it is indeed the ultimate form of portfolio insurance.

We get heat for recommending a 10% allocation to gold in Manward Letter‘s Modern Asset Portfolio. For traditionalists… that’s a lot.

But those who have been paying attention are craving more.

Last year’s success proves it.

But last year boasted few bullish fundamentals for gold. Interest rates soared. Why own gold when a Treasury pays 4%? No metal offers a yield.

We know why. It’s the classic answer: Gold loves uncertainty.

Here’s the thing. You’re not going to like this next line. Most folks won’t believe it. But it’s true.

Last year was anything but uncertain. It may have felt like a jumbled mess, but on a macro scale, it was one of the most predictable markets in ages.

Interest rates rose and stocks fell… plain and simple.

This year, though… oh boy.

Not Dead Yet

We’ve talked before about inflation’s false signals – how a month or two of easing prices tend to trick the naïve into complacency.

We’ll see it soon.

Inflation will be declared dead… just before its tomb is rolled open and it’s spotted roaming through town.

The Fed’s pivot will come and just as quickly vanish. Just like we saw in the ’70s, rates will dip before we see more acute pressure from the Fed.

It’s all quite bullish for gold.

But here’s the real kicker. It’s the line we utter so often… Money goes where money is treated best.

The greenback treated folks well last year. As a high-yielding safe haven, it found remarkable strength. But the situation in Europe isn’t as rosy. There, rates will go higher and higher, while the numbers here at home will shrink.

The dollar will lose its strength. It has already started to.

As it does, gold will surge.

Again, it already is.

Paid readers will get all our research and see our plans for how to best own and trade the metal. We’re quite excited by what we’re up to.

It’ll come soon enough.

For now… buy more gold.

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