Sunday , 24 November 2024

Lorimer Wilson

Gold in Massive Accumulation Mode Leading Up to a Massive Move to the Upside

What we have been witnessing in gold is massive accumulation on the price chart, or what some would refer to as ‘base-building.’ Before any market can experience a strong, trending move to the upside, it generally has to have a period of base-building....At some point gold will have a trigger, and when it does you are going to see gold move to the upside....When gold finally breaks out to the upside from this strong, steady base, it will experience a massive move to the upside.

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Selected non-Gold/Silver Articles from munKNEE.com’s FREE “Your Daily Intelligence Report”

You nolonger need to spend time surfing the internet looking for financial, economic and investment articles of substance. The editor of munKNEE.com reads 100s of articles daily searching for such articles which are then posted in an 'edited excerpts" format for the sake of clarity and brevity to ensure a fast and easy read. Here are some sample articles that were included in the latest Your Daily Intelligence Report which you can sign up to receive - and its free. Check it out! You won’t be disappointed.

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Selected non-Gold/Silver Articles from munKNEE.com's FREE "Your Daily Intelligence Report"

You nolonger need to spend time surfing the internet looking for financial, economic and investment articles of substance. The editor of munKNEE.com reads 100s of articles daily searching for such articles which are then posted in an 'edited excerpts" format for the sake of clarity and brevity to ensure a fast and easy read. Here are some sample articles that were included in the latest Your Daily Intelligence Report which you can sign up to receive - and its free. Check it out! You won’t be disappointed.

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von Greyerz: Gold Going to $3,500-$5,000 in 12-18 Months – and $10,000 Within 3 Years! (+2K Views)

There will be a catalyst coming soon, probably some concerted action of money printing between the Fed, IMF and the ECB. That will happen as a result of the economies, worldwide, collapsing....The catalyst could come from anywhere but the money printing will be part of the next move in gold, that’s for certain....[and it] will lead to collapsing currencies, and investors buying gold at any price...I see gold reaching $3,500 to $5,000 in the next 12 to 18 months. Within 3 years, I see the gold price reaching at least $10,000.

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Fleckenstein: Central Banks Will Try to Inflate Debts Away – Got Gold?

...[A]t some point they [the central banks] will all start printing money. At some point they will recognize we are not going to have a deflationary collapse, that we are not going to have a deflationary debt liquidation.... If we get some serious stock market weakness, on top of the economic deterioration, then I think the central banks of the world, and in particular the Fed, are going to panic and do something big....They are going to print money and try to inflate the debts away....[As a result, there] is going to be this big, unridable phase of the bull market in gold that’s going to take place. That’s in front of us. It’s probably closer than most people think.

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What Happens IF the U.S. Dollar and/or the Euro Collapse? Got Gold?

Is it OK for gold to go down? Those invested in gold would prefer it doesn’t, but a rational answer must be “Yes.” Trees don’t grow to the sky and few assets monotonically increase in value for lengthy periods. Gold is no different. It has had a remarkable 11-year run but is this run over? Is gold just another bubble?.... Words: 1122

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Regardless of Who Wins in November the U.S. Is Going Over the Financial Cliff! It’s Just a Matter of Time – Here’s Why

The outcome of the election of 2012 will [only] determine the rate of speed at which we approach the [financial] cliff [because] neither political alternative is willing to change course, to steer away from the cliff. The cliff is so high that whether we go over it at 200 mph (Obama) or whether we merely slip over the edge (Romney), the end result is the same — fatal for the economy and perhaps our entire political system. It is the fall that will kill us. [This article explains why that is going to be the case.] Words: 1135

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Regardless of Who Wins in November the U.S. Is Going Over the Financial Cliff! It's Just a Matter of Time – Here's Why

The outcome of the election of 2012 will [only] determine the rate of speed at which we approach the [financial] cliff [because] neither political alternative is willing to change course, to steer away from the cliff. The cliff is so high that whether we go over it at 200 mph (Obama) or whether we merely slip over the edge (Romney), the end result is the same — fatal for the economy and perhaps our entire political system. It is the fall that will kill us. [This article explains why that is going to be the case.] Words: 1135

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The “80-20 Rule” Suggests Gold Will Reach $8,300/ozt in Spring of 2015!

The "Pareto principle" – it's often referred to as the "80-20 rule" - states that 80% of the effects of something come from just 20% of the causes (that is that 80% of people control 20% of the wealth, that 80% of sales come from 20% of your customers, etc.) and a new report by Erste Group, the Austrian investment bank, says this principle can be applied to bull markets as well, including the current bull market in gold, and following this line of thinking, you get an $8,300 price target for gold by the spring of 2015. Words: 285

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The "80-20 Rule" Suggests Gold Will Reach $8,300/ozt in Spring of 2015!

The "Pareto principle" – it's often referred to as the "80-20 rule" - states that 80% of the effects of something come from just 20% of the causes (that is that 80% of people control 20% of the wealth, that 80% of sales come from 20% of your customers, etc.) and a new report by Erste Group, the Austrian investment bank, says this principle can be applied to bull markets as well, including the current bull market in gold, and following this line of thinking, you get an $8,300 price target for gold by the spring of 2015. Words: 285

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