Craig Hemke: Direct Financial Intervention? Gold could break-out to record highs this summer...

By Herman James / May 13, 2023 / marketsanity.com / Article Link

Goldseek, Released on 5/13/23

1.19 - Gold continues to gain momentum for the next leg higher in the nascent bull market.4.45 - Technical analysis suggests the LT trend in the greenback may be topping, with ST support.7.20 - The Oracle of Omaha, Warren Buffet announced he's selling $13 billion in domestic equities.9.01 - Crack-Up-Boom ahead?10.00 - Extreme inflation?13.30 - Is a commercial real-estate crisis imminent?15.45 - Will officials bailout hundreds of financial institutions to stem the economic carnage.18.30 - Direct financial intervention may be required to contain the financial crisis.19.20 - Summer reading suggestion: When Money Dies by Adam Fergusson22.05 - If the crisis resumes, will the FDIC follow through with the promise to insure every domestic account up to $250k?24.30 - With purchasing power eroding, gold is the go-to asset class.25.40 - Gold could break-out to record highs this summer.26.30 - Fed policymakers could begin a rate cutting cycle.28.00 - Craig Hemke's work suggests $2,300 by the end of 2023.

Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.

Craig Hemke: Direct Financial Intervention? Gold could break-out to record highs this summer... added by Herman James on 05/13/2023View all posts by Herman James ?+'

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