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May 31, 2020 | Central Banks’ Spending Is Supercharging Gold!

Sean Brodrick

Sean is the natural resource analyst for Weiss Ratings. You can read his thoughts on gold, oil, cannabis, uranium and other natural resources at

Out of the last 11 trades we’ve closed in Gold & Silver Trader, 10 have been wins and one was flat (stopped out at entry). I’m very bullish on gold, though the summer months are usually a time of softer prices.

But now, gold is remaining stubbornly strong. Could this summer be different? WHY would this summer be different? I’ve got a chart for that.

This is a chart of the gold price and the amount of negative yielding debt in the world …


You can see they are moving together. There is now $14.9 trillion in negative yielding debt. Not quite as high as the nearly $17 trillion we hit in 2019. But it is rising again.

Negative yields were once considered economic lunacy. Now, they’re the new “normal.”

Japan, Switzerland, France and Germany now have 10-year-bonds that pay you LESS than zero.

As the amount of negative yielding debt goes up, gold should go up, too.  Why? Because one of the complaints bears make about gold is that it pays no interest. Well, now, neither do many bonds! And when you consider inflation, even U.S. Treasuries are yielding less than zero. That’s a powerful reason for investors to move from bonds to gold.

Do you think governments will issue more or less negative-yielding debt going forward? Considering that they’re purposely pushing rates to zero and below to prop up stocks and other assets, I think the answer is clear.

And what that means for you as an investor is simple: “It’s time to buy gold.”

Central banks may be trying to prop up other assets. But in reality, they’re actually supercharging gold.

And while it’s a good time to buy gold, it’s an even better time to buy gold miners. That’s because they’re leveraged to the underlying metal. That’s why we’re banking one gain after another in Gold & Silver Trader.

If you’re doing this on your own, be very careful. Not every gold opportunity is a buy. But the right ones could add a lot of shine to your bank account.

All the best,


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May 31st, 2020

Posted In: Wealth Wave

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