With gold trading near the $1,720 level, today King World News was given exclusive permission to share some of Greg Weldon’s work with our global readers. Greg is the founder of Weldon Financial and he has a following of some of the wealthiest investors in the world including individuals, institutions and financial firms. Here is a portion of what Greg has been sharing with his clients: “Of interest is the segue to be made from the Personal Income data, to the US Commercial Bank lending data, with a high degree of positive correlation between the two, as evidenced in the long-term monthly overlay chart on display below. We compare DPI (black line), Total US Commercial Loans Outstanding (red line) ... and ... the price of Gold (orange line).”
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Greg Weldon - The Fed is Hoping to Avoid a Nightmare
With gold trading near the $1,720 level, today King World News was given exclusive permission to share some of Greg Weldon’s work with our global readers. Greg is the founder of Weldon Financial and he has a following of some of the wealthiest investors in the world including individuals, institutions and financial firms. Here is a portion of what Greg has been sharing with his clients: “Of interest is the segue to be made from the Personal Income data, to the US Commercial Bank lending data, with a high degree of positive correlation between the two, as evidenced in the long-term monthly overlay chart on display below. We compare DPI (black line), Total US Commercial Loans Outstanding (red line) ... and ... the price of Gold (orange line).”