Gerardo Del Real,
Editor
Oct. 23, 2024
Last month, markets rejoiced and all was well as the Fed decided to get aggressive and cut interest rates by 50 basis points.
Fast forward a month, and just two weeks from the election, and the bond market is signaling that all is not quite so well.
The 10-year treasury yield just touched the 4.25% level, the highest since last July.
The dollar index is flirting with the 105 level, and mortgage rates are back above 7%.
What comes next for bonds, the Fed, and the overall indices is anyone’s guess. What I do know is that inflation will make an unwelcome return, further crippling purchasing power for those who need it most.
It’s no coincidence that, despite higher bond rates and a robust dollar index, gold is at record highs above US$2,700 an ounce, convincingly so, and looking to head much, much higher.
The yellow metal knows there’s volatility in the cards and it’s also sniffing out the inflation I just mentioned.
And it’s not just me that sees it.
One of the most successful investors of all-time, Paul Tudor Jones, recently shared how he’s positioning for the coming volatility: Bitcoin and gold.
I don’t dabble in the Bitcoin space… but our in-house crypto expert Chris Curl continues to do an absolutely brilliant job navigating the cryptosphere and positioning subscribers of his premium Crypto Cycle service beautifully.
Which brings me to gold.
I couldn’t be more excited about this commodity supercycle and what will continue to be a historic gold bull market.
I believe the inflation wave we’re about to get hit with will make commodities one of the few safe homes for capital and will provide returns that will significantly outperform the broader indices and the bond market.
My business partner, friend, and colleague Nick Hodge and I are vetting multiple precious metals deals (among others) that we plan on sharing and providing access to subscribers of our Private Placement Intel service.
Recent deals are up 100% (a uranium deal that just closed) and 375% (a lithium deal that closed less than two months ago). Those are far from one-offs. We’ve been at this for over a decade now and have been fortunate enough to have developed a network that allows us access to some of the best deal flow across many sectors.
We’re proud to be able to share that deal flow with accredited investors that subscribe to our service. We’re also proud to manage several services for non-accredited investors that have also delivered time and time again.
No one knows what happens next but you can count on volatility, you can count on higher precious metals prices, and you can count on this commodity supercycle to continue to surge higher.
By the way, I’ll be presenting at the New Orleans Investment Conference (Nov 20-23). My favorite conference and one that’ll be memorable… it’s the 50th anniversary, the lineup is top-notch as always, and we’re in the midst of a commodity supercycle that’ll make people fortunes.
Hope to see you there.
Let's get it,
Gerardo Del Real
Editor, Daily Profit Cycle