Emergency financing is needed all over the world. The Fed, for instance, is printing money like mad. They’re also buying tons of U.S. government bonds, mortgage backed securities and now corporate bonds. The end result is that the Fed’s balance sheet is now at new record highs and it’s headed a lot higher. The ratio of gold to stocks jumped up above its mega 80 month moving average, to favor gold for the first time since its high area in 2011. The trend since 1999 and this ratio have confirmed a mega trend change favoring gold. With gold above $1536, it’s on its way to the 2011 highs! And indeed if gold breaks and stays above $1700, this target could be reached sooner than we think! Gold will surely be volatile as the pandemic evolves, but look at this as time to get set for the major rise should weakness occur. Gold is the strongest precious metal, reaching another high recently. It reached a record high versus silver and platinum. And it’s positioned to rise in a several year rise ahead. So keep your gold and be prepared for whatever comes our way.