1971 to 1980 the gold price went from $35 to $800 which is 22x the starting level. In the 2000 example gold went from $260 to 1,900 or 7x the starting level. This bull market began at $1,050 in December 2015. We are up to $2,300 or over 2x the starting level. With the severe monetary dysfunction that we have outlined above we see no reason why the endpoint of this bull market could not be a similar multiple. Even if we do not get to 22x or 7x as in previous bull markets, we will achieve outstanding fund performance even if gold only gets to $3,000 per ounce.
🛢📈 — Reuters reports that oil is approaching $100 per barrel following the latest exchange of attacks between Americans and Iranians on oil tankers.
▶️The price of Brent crude has risen to $97.07 per barrel, while American WTI crude has risen to $92.28. In the past week, Brent has risen by 7.8%, while WTI has risen by nearly 10%.
▶️On Saturday, U.S. forces attacked three Iranian oil tankers, one of which was stationed near the island of Kharg, a key center for Iranian oil exports. In response, the Islamic Revolutionary Guard Corps announced attacks on three oil tankers in the Strait of Hormuz and three more U.S. ships.
▶️In this context, traffic through the Strait of Hormuz has sharply declined. Over the past 10 days, an average of only 10 cargo ships have transited the strait per day – the lowest level since May.
The WHO now states on its website:
Vaccination against COVID-19 can trigger multiple sclerosis through cross-reactive CD4+-T cells that recognize the spike protein of SARS-CoV-2 and myelin peptides.
In other words: Your own immune system destroys the nerve pathways and then attacks your brain and spinal cord.