Atlas Pulse Gold Report/Charlie Morris/2-9-2022
“So many conventional thinkers have written off gold. ‘Father, forgive them, for they do not know what they are doing.’ (Luke 23:34). I keep hearing the same old arguments. Gold is unproductive and can’t be valued as it has no yield. Yet the smart money turns to it when things go wrong. In recent years, financial markets have been squeezed so hard that they have nothing more to give.”
USAGOLD note: Charlie Morris writes philosophically about gold in this issue of his newsletter – an attention grabber. “No one is speculating on gold anymore,” he says. “We’re at the same levels seen in early 2016 when gold was just over $1000 and no one cared.” And that, in a nutshell, is why he says: “I’m bullish.”
