In Gold We Trust 2022: Of wolves and bears

Incrementum/Ronald-Peter Stoferle and Mark J. Valek/May 2022

photo of wolf looking into camera

“Now the wolf is here – and it dominates the headlines. But many investors are still unaware of the threats it poses to their portfolios. In many cases, people hide behind the naïve illusion that the wolf will disappear again after a short time – just like that, and without having feasted on any prey. Now the next danger is already lurking: sneaking up behind the wolf is a bear. This bear symbolizes a striking economic downturn, pushing prices down with its paw. Once again, the majority of economists and investors will be caught on the wrong foot.”

USAGOLD note: The widely read, always anticipated In Gold We Trust annual report on gold’s prospects is now available for download at the link. Highly recommended!

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