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January 1, 2019 | 2019 Looks Like a Win-Win for Gold

Lobo Tiggre, aka Louis James, is the founder and CEO of Louis James LLC, and the principal analyst and editor of the Independent Speculator. He researched and recommended speculative opportunities in Casey Research publications from 2004 to 2018, writing under the name “Louis James.” While with Casey Research, he learned the ins and outs of resource speculation from the legendary speculator Doug Casey. Although frequently mistaken for one, Mr. Tiggre is not a professional geologist. However, his long tutelage under world-class geologists, writers, and investors resulted in an exceptional track record. The average of the yearly gains published for the flagship Casey publication, the International Speculator, was 18.5% per year during Tiggre’s time with the publication. A fully transparent, documented, and verifiable track record is a central feature of IndependentSpeculator.com services going forward. Another key feature is that Mr. Tiggre will put his own money into the speculations he writes about, so his readers will always know he has “skin in the game” with them

I’ve been saying for a while now that the trade war is the big variable to keep an eye on in 2019. If it worsens, it will be bad for commodities prices in general. It will also likely hurt the US Dollar. That and the fear should push precious metals higher, as it has over last quarter.

 

 

On the other hand, if the trade war is resolved, the fear should subside, and gold should go back to moving with other commodities, which should rebound sharply upwards.

I’m not worried about reduced safe haven demand for gold because commodities have been pushed down by trade war fear, in most cases, in advance of any actual harm being done to demand. If the negative outlook priced in suddenly turns positive, commodities across the board should perform well in 2019. The metals facing structural supply deficits should do particularly well. And many Asians who feared for their prosperity will feel prosperous again—and buy more gold.

This situation is not a win-win for copper, coal, or corn. But to me, 2019 looks like a win-win for gold.

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January 1st, 2019

Posted In: Louis James

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