munKNEE.com Your Key to Making Money
Hundreds of articles seem to be posted every day on why the prices of gold and silver are going north of $5,000 & $100 ozt. respectively, or conversely to below $1,000 and $15, respectively. Unfortunately most of what is written is self-serving and/or wishful thinking. Some is what I call nothing more than financial entertainment devoid of substance. Occasionally a thought provoking article is posted and when that happens munKNEE.com is there with it. Below are some such articles that are currently in the munKNEE.com vault.
(If you like below what the site has to offer below then “Follow the munKNEE” on Twitter or Facebook or sign up to receive our Market Intelligence Report Newsletter of what’s new on the site each day.)
1. “What If” Scenarios For Gold In the Coming Years
Those in control will not allow the gold price to reach $18,000 an ounce where the 18,000 DOW sits today, but the DOW could drop 90%, as it did in 1929, to 1800 and gold rise to $1,800 an ounce! Could one accept the very real possibility that the DOW will unhinge by 50%…and gold rise to $9,000 an ounce? Look at these historical DOW to GOLD ratios.
2. Silver:Gold Ratio Suggests +$200/ozt Silver Quite Plausible! Here’s Why
Given the fact that a) the historical movement of silver is 90 – 98% correlated with gold-silver gold, b) silver is currently greatly undervalued relative to its average long-term historical relationship with gold and c) many analysts predict a parabolic rise in the price of gold over the next 5 years it is realistic to expect that silver will also escalate dramatically in price – but by how much? This article applies the historical silver to gold ratios to come up with a range of prices based on specific price levels for gold being reached.
3. Noonan: Why Buy Gold & Silver? Here’s Why
Here’s the best reason to buy and hold gold and silver, at any price, and especially at these artificially suppressed prices.
4. 42 Specific Gold Price Forecasts by Year & Analyst
Over the years only 42 pundits have been bold enough to provide a specific date as to when their forecast for the future price of gold (and silver, in some cases) would be realized. This article provides that information along with the criteria & rationale for their determinations.
5. Silver: 14 Price Forecasts By Analyst By Year (2015 – 2020)
Over the years only 14 pundits have been bold enough to provide a specific date as to when their forecast for the future price of silver would be realized. This article provides that information along with the criteria & rationale for their determinations.
6. New Global Currency Will Be Backed By 20-40% ($7,000) Gold
Jim Rickards is of the opinion (see HERE) that a global currency reset is coming in the not too distant future in the form of an IMF issue, known as a Special Depository Receipt. It will be backed by 20-40% gold from the reserves of the global central banks which will necessitate revaluing bullion to around $7,000 a troy ounce, or there won’t be enough of it to do the job. The unknown factor is the timeline: does this happen this year – or in five years?
Well Im buggered if I know, you keep hearing from these so called pundits about the gold and silver prices on where and when they are going to take off !!!!! yet none of them would have a bloody clue whats going on just taking a stab in the dark of what dream they had last night.
It all boils down to in my opinion on four people in this world that control the banks and bullion price, at the end of the day end of story!!!!!!!!!!!!!.
They are the mongrels that make the big quid we pick up the scraps that’s fallen out of there buckets they have full control of the spot price because they set it.
And while all you blokes think you have the situation on predicting whats going to happen, well fellers you have more chance of pissing on the moon, lift your game and do a bit of home work on the ways these mongrels are controlling us.
Regards Owen Quigley.