The newest edition of the quarterly Outlook Report by Global Gold is out. This 16th edition contains an analysis on gold’s bull market, a typology of market participants and a critical analysis of the U.S. elections.
Claudio Grass, Managing Director of Global Gold, wrote this foreword:
The world is in motion – the United States Presidential campaign is drawing to a close, as the accelerating proxy-war in Syria has seen tensions increase, in parallel with war-mongering statements between the U.S. and Russia. Also, we have Italy’s vote on the constitution on December 4th: Should it pass, the establishment will increase its grip on power and if not, it could bring down the entire government and also pave way for reviewing the future of the Euro.
That and the presidential elections in France and Germany next year, in combination with the looming EU banking crisis – are all question marks that will determine the course of our near future.
All these events are happening in the midst of a global tide of growing dissatisfaction among citizens who are taking a stand against their current political elite. These cracks in the system are not going away anytime soon – the ranks of the disillusioned will only swell in the future. The government is reinforcing its agenda of political correctness with a “divide and conquer” strategy, as we saw with the Brexit vote and as we are witnessing in the U.S. elections now.
But whatever happens, I can only stress on the importance of our support for free speech. As the saying goes, “a wise man makes his own decisions, an ignorant man follows public opinion.” The cracks reflect the people’s mistrust towards their governments – they are raising questions, challenging the imposed control on their actions and their ideas. “Sapere aude” is the motto of our brave new world.