Dear Reader,

Happy New Year!

It’s Shae Russell here, and with the news that it’s now absolutely certain Joe Biden will take the US presidency along with a Senate on his side…get ready for unlimited stimulus, more money printing and unimaginable debt.

All this means one thing: It should be a VERY happy year for gold holders.

Let me give you the picture…

In 2008, Lehman Brothers went to the wall.

The US authorities responded with a monetary bazooka…the biggest round of bailouts in history.

In the space of a few short months, central banks around the world pumped trillions into the financial system, led by the US Federal Reserve.

Just as in the 1930s and 1970s, that sent gold and other commodities on a tear.

Here’s what happened to the gold price (in US dollars) post 2008:

And certain gold stocks shot up even quicker.

Not all, but take US gold miner Royal Gold, for instance. It soared four times in the next decade.

And some Australian mining stocks got in on the party this time around!

Alkane Resources traded at just 27 cents on 18 June 2010. Yet less than a year later on 21 April, it had gone vertical — up to $2.51. That’s more than 900% in less than a year. 

Or take Saracen Minerals. On 19 September 2008, it traded at just nine cents…by 18 November 2011, it had soared more than eightfold.

Now, consider what is happening in the global financial system right now.

• The Federal Reserve has committed to unlimited money printing in a new QE program…and committed $1 trillion every day in emergency ‘repo’ funding (and this is likely to supercharge under Biden’s administration).

• Our own government is already pumping an enormous volume of cash into the economy…with $200 billion in new spending and borrowing. (That’s equal to 10% of the entire economy…in one shot.)

• The ECB has launched a mammoth 750 billion euro money-printing program. Germany has freed its state bank to lend out an additional $610 billion to ‘cushion’ the impact.

• China has pumped $79 billion of extra stimulus into its economy.

• The US government has created a $2 trillion ‘rescue package’ for Americans…which may involve mailing cheques to everyone in the post.

• The UK government has begun pumping taxpayer money into the economy…with a total of 330 billion pounds committed so far.

All of this happened in 2020 alone.

New measures are being announced all the time. More will likely come from here.

It’s hard to add up the total cost, because there’s just so much ‘stimulus’ happening. But Reuters has recorded a sum of at least $15 trillion.

To put that into perspective, in today’s dollar terms, fighting the Second World War cost the US $4 trillion.

In other words, the ‘stimulus’ packages, triggered by COVID, are nearly four times more expensive than the costliest war in history.

Now ask yourself:

Exactly where is all that money going to come from?

What will it do to the US dollar and fiat (paper) currencies?

What will it mean for gold?

Well, you can find out those answers right here.

Before Christmas, gold and associated gold stocks took a breather.

I believe this is an amazing chance for you to check out these opportunities for your portfolio in 2021 right now.

Click here to learn more!

Best regards,

Shae Russell,
Editor, Rock Stock Insider