Hartnett: Sidelined Cash Next Stop Might be Gold and Bonds

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good afternoon. Hartnett’s Weekly report is presented 3 ways: 1) Video walk-through with commentary 2) Hartnett’s main points broken out below, 3) and original format at bottom. Enjoy. Key time Stamps:* 0:00- Intro* 11:02- Gold in context of Hartnett’s “Twin peaks” concept* 26:20- Ten Themes for the Next 5 Years* 38:40- Cash might go into gold this time* 43:28- How to Get Americans to Buy Bonds Again* Footnote: Important Reality check reThe BOA bond proposalHartnett: Stocks make the world go roundScores on the Doors: crypto 8.7%, gold 4.8%, commodities 4.5%, stocks 3.7%, oil 3.3%, HY bonds 0.9%, cash 0.3%, IG bonds 0.0%, govt bonds -0.2%, US$ -0.4% YTD. The Biggest Picture: stocks make the world go round…BofA private client data maps perfectly into Fed’s quarterly estimate for US household equity net worth ($55.7tn in 3Q24)…reveals US equity wealth up $1.6tn in 4Q24, set to gain $1.9tn in 1Q25 (Chart 2).