Buy the Dip in Precious Metals
Based on our analysis, we are in a nascent and likely soon-to-be-explosive bull market for precious metals stocks underpinned by a macro set-up that includes:Q2 2020 hedge fund letters, conferences and moreRecord debt-to-GDP globally that has been stifling economic growthA continuing structural global recession with rising permanent unemploymentHistoric speculative asset bubbles in US stocks, corporate credit, and Treasury bondsThe likely re-ignition of a tactical bear market for US stocksUS Treasury funding needs that virtually assure new record Fed debt monetization through 2021A central ban...