We’re just going to be straight with you as always. This newsletter is coming at the end of June because we wanted to see if world events would settle enough to give us some sense of where this all may be going, and the impact it will have on precious metals. Can we say we have absolute clarity? Absolutely not. However, if we use history as a guide, we can make some educated assumptions about possible scenarios going forward. And history tells us quite clearly that when the world destabilizes to the degree with which it has, there is rarely a quick resolution to any conflict. What does that mean?
In the weeks and months ahead, we should not be surprised if “unintended consequences” rear their ugly head. Decisive actions taken on behalf of one nation often set off a series of smaller ripples that are not detected until later. Like an earthquake in the middle of the ocean, the massive movement of water is not detected until the tsunami reaches land. Thus, do not be surprised if the Israel/Iran cease fire fails. Or national leaders intent on conquest “take advantage of a good crisis,” and use the distraction and confusion to advance their own interests with more aggressive actions–which only serves to displace more water adding to the list of possible unintended consequences that many manifest in the future.
What does this mean for gold and silver? The charts tell us an interesting tale. With the state of the world today, it’s never a bad time to build your financial and geopolitical insurance portfolio. In the meantime, take solace in the pause and enjoy time with your friends and family as next week we celebrate Independence Day. As the summer moves on, we will be…
Here for you,
The OWNx Team