The U.S. Dollar Index (DXY) is currently up to 107.07, which we admit is higher than we expected it to go, but it can't go up forever and always reverses downward at some point.
Historically since 1968 when the DXY is 107.07 or higher during a time of a Negative Real Fed Funds Rate, gold rises over the following 12 months 100% of the time!
Gold averages a gain of 26.02% over the following twelve months when the DXY is 107.07 or higher during a time of a Negative Real Fed Funds Rate!
One year from today, investors will wish that they bought as many Augusta Gold (TSX: G) shares as possible, today! In NIA's opinion, G only needs a 26.02% increase in the price of gold for G to rise 500%-1,000% higher!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA's President has purchased 174,200 shares of G in the open market and intends to buy more shares. This message is meant for informational and educational purposes only and does not provide investment advice.