Friday , January 22 2021
Home / Stephen Flood

Stephen Flood



Articles by Stephen Flood

Gold & Silver Charts Point to Higher Prices & Chris Vermeulen

10 days ago

Chris Vermeulen of TheTechnicalTraders.com joins Dave Russell of GoldCore TV.
Chris discusses the chart patterns that the long term gold and silver charts are presenting and what he believe that this means for gold, silver and platinum for 2021.
Chris is an expert technical analyst and also understands the fundamentals of the precious metals markets and how it acts as financial insurance for your portfolio.
Click the video below to watch.
[embedded content]
You can find out more about the services that Chris offers at – TheTechnicalTraders.com.
Don’t forget to “Like” and share this video and to ensure that you are alerted each time we upload new videos to YouTube, click the subscribe button and hit the notifications bell too!

Read More »

Gold to $2,300 and Silver to $35 by Year End – 2021, the Year the Barometer Explodes?

14 days ago

The US dollar set for further dramatic declines?
Negative interest rate policy spreading
Increased global liquidity in attempt to ignite a recovery
Democrats’ win paves way for massive stimulus packages
Gold and silver set to rally strongly in a perfect storm
As the current wave of Covid19 strongly takes hold, it has devastated the lives of individuals and families and created an uneasy anxiousness not just in individuals but also in financial markets. It has turned a public health crisis in to an economic, financial and in some cases a political crisis too. We have watched as some of the most powerful democracies in the world struggle to maintain the very thing that defines them. All the while gold sits and watches and acts as a barometer for the perceived risk

Read More »

There is No Denying that Cash is Trash!

December 4, 2020

By Stephen Flood

Governments are likely to continue printing money to pay their debts with devalued money. That’s the easiest and least controversial way to reduce the debt burdens and without raising taxes.
Ray Dalio – Bridgewater Associates

This is the only chart that matters in the world today.
Consider the following:
Gold can only be produced at a rate of 1.6% per annum. This is a relative constant.
Gold has returned 8% per year in Euros and 9% in USD terms over the past 20 years.
Gold has returned 12% per year in the Euros and 10% in USD terms over the past 50 or so years.
Global population is growing at 1.1% per year.
USD Currency in circulation as defined by the M1 monetary base has grown by 41% in the year to November 2020.
Think about that last point.

Read More »

Biden Transition and Vaccine Hopes Weigh on Gold for Now

November 25, 2020

Today we are taking our monthly look at the charts for gold and silver.
We have now received news of 3 Covid19 vaccines that are seeking approval following successful trials and markets have sat up and listened.
Investors have moved in to “Risk On” mode as a result of the vaccine developments and also on signs that the transition to the Biden administration is now progressing better than previously. While stock markets, oil markets and cryptos have benefitted from this renewed positive sentiment, the precious metals have been sold down as a result.
First let’s take a look at the gold price chart…
The support level at $1,860 which had help on a number of occasions recently, eventually succumbed to the positive news cycle and heavy selling.

GoldCore Gold Chart –

Read More »

What is “The Great Reset” and How to Prepare

November 21, 2020

“The Great Reset” is a term that we are hearing more frequently in the financial news today, but what exactly is “The Great Reset”?
In Episode 16 of The Goldnomics Podcast, Stephen Flood, Mark O’Byrne and Dave Russell discuss “The Great Reset” and how it could impact investors, what they can do now to prepare themselves and their finances and the role that gold plays in protecting your wealth.
[embedded content]

[embedded content]

You Might Also Like

Is the US Election the “Cork in the Bottle” for Gold and Silver?
Today we are taking our weekly look at the charts for gold and silver.
Republicans and Democrats continue to play the “will they, won’t they?” game over another stimulus package in a Covid19

Read More »

Gold and Silver to Explode Higher Regardless of the US Election Result?

November 7, 2020

Today we are taking our weekly look at the charts for gold and silver.
After what has been the most unusual campaign season for both candidates, election day has finally arrived.
Regardless of your political persuasions, both gold and silver look to be setting up for an explosive move higher.
First let’s take a look at the gold price chart…
After pulling back from its all-time high of approx. $2,065, gold has consolidated and seems to have formed a nice base. It has been trading in a range between approximately $1,860 and $1,930, with the lower support level proving strong.
The uncertainty of the election result, coupled with the indecision of the next stimulus package has left many investors on the side lines for now, but we are seeing some bullish signals

Read More »

Why High Net Worth Investors are Opting for Physical Gold Vs ETFs, Digital Gold & Crypto-Currencies

November 6, 2020

As we continue to await the official result of the US Election, in the short-term financial markets remain volatile.
However, today Mark O’Byrne is talking with David Bell of PCD Club about why the current uncertainty in global financial markets has High Net Worth Investors seeking out physical gold coins and bars in preference to ETF’s, Digital Gold and Crypto-Currencies.

[embedded content]
 

You Might Also Like

Is the US Election the “Cork in the Bottle” for Gold and Silver?
Today we are taking our weekly look at the charts for gold and silver.
Republicans and Democrats continue to play the “will they, won’t they?” game over another stimulus package in a Covid19 ravaged US economy. An agreement on a

Read More »