Photo by Dmitry Demidko on Unsplash

As I noted yesterday, gold is breaking out again. The precious metal, priced in dollars, erupted higher this week.
 

This phenomenon isn’t just about the $USD. Gold has also broken out to the upside against the Euro, Yen, and Franc.
 

This is a HUGE deal. And it signals what’s about to unfold in our financial system.

Remember, it was the breakout against every major currency in 2024 that signaled the era of easy money was returning to the financial system.
 

So, what does it mean now that ANOTHER round of monetary easing is about to begin at a time when major governments are already running large-scale deficits?

Currency devaluations are coming. The ONLY way for central banks to keep the system afloat going forward will be to “inflate away” the gargantuan debts governments have accrued (and continue to accrue).

The time to prepare for what’s coming is NOW before it arrives.

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