Gerardo Del Real,
Editor
Nov. 13, 2024
The times are a’changing. We have a new president elect and with that comes a new set of consequential policies that merit monitoring to position accordingly.
So what are the markets telling us?
The dollar index – now above the 106 level – is telling us that, despite Jerome’s most recent rate cut, the bond market isn’t going to play nice and isn’t convinced that any administration is going to be able to slow down or service the massive debt several administrations have racked up.
While Mr. Trump has tasked Elon Musk and Vivek Ramaswamy to head a new government agency focused on regulating federal spending, the "Department of Government Efficiency" (DOGE) is going to require a political will seen recently in Argentina but not so much in the United States for quite some time.
Bitcoin – now rapidly headed to the $100K level – is also calling the government’s bluff. Our in-house crypto expert Chris Curl has been absolutely spot-on navigating the crypto waters over the past year-plus. Chris’s crypto service is the best in the business and is one everyone with crypto exposure or anyone that’s looking to learn more about the space should subscribe to.
Although gold has seen increased volatility the past few trading sessions, the recent pullback is a healthy one that should be bought. Ditto for silver.
Speaking of gold, I’m putting the finishing touches on a special presentation where I’ve uncovered what I believe could lead to some of the most significant discoveries of gold, copper, and silver in recent memory.
In the uranium space, President Joe Biden’s administration is setting out plans for the US to triple nuclear power capacity by 2050. Plans that, by the way, have bipartisan support.
As part of that agenda, the United States would deploy an additional 200 gigawatts of nuclear energy capacity by mid-century through the construction of new reactors, plant restarts, and upgrades to existing facilities.
In the short-term, the White House aims to have 35 gigawatts of new capacity operating in just over a decade, which is a mandate that’s going to prove lucrative for uranium investors.
The next several years are going to be very consequential, and, for asset owners positioned well, they’ll be highly profitable. We hope you’ll join us on what will be a volatile journey but one filled with opportunity.
Let's get it,
Gerardo Del Real
Editor, Daily Profit Cycle