Gold & Silver

Many analysts are projecting that gold will be going at least as high as $3,000/ozt over the next few years. One analyst even claims that gold will spike at $87,500/ozt.! Below is a revised list of their names and stated rationale for each of their forecasts.

Martin Armstrong of ArmstrongEconomics.com, maintains that “Gold should theoretically sell for $25,000 a troy ounce, given the monetary prolificacy since 1980”...in reference the ever soaring $3.3 Trillion U.S. budget this year, alone. 

14 countries make up 93.5% of the proven oil reserves globally each with at least 1% share. Here are those countries.

Silver is currently greatly undervalued relative to its average long-term historical relationship with gold and, as such, it is realistic to expect that silver will eventually escalate dramatically in price. How much? This article applies the historical gold:silver ratios to come up with a range of prices based on specific price levels for gold being reached.

Here's an updated analysis of physical gold, silver, platinum and copper regarding their respective versatility of use, durability, fungibility, store of value, liquidity and aesthetics.

You have no doubt read countless articles on the price of gold costing "x dollars per ounce", own a gold ring or some other piece of gold jewellery and/or wear or have bought/plan to buy a diamond ring but do you really understand exactly what you are buying? What's the difference between 1 troy ounce of gold and 1 (regular) ounce? What's the difference between 18 and 10 karat gold? What's the difference between a .75 and a 1.0 carat diamond? Let me explain. Words: 1102

Crazy predictions for much higher silver prices are unwarranted and unsupported by historical performance...and some silver investors and analysts could use a dose of reality [and that is provided in this article.]

If, and indeed when, the U.S economy goes into recession commodity prices will fall to levels we would have previously found unimaginable. This could be $20 oil and $7 Silver.

If you have not grasped the reality of what is likely to unfold over the next 6 to 12+ months in the global markets and that precious metals are the setup of the decade, then pay attention to the fact that gold and silver are poised for moves ranging from 40% to 240% over the next 12+ months depending on the scale and scope of this move...

IF the bull market in stocks and bonds is to end, the implications will be dire because, historically, the Fed has always intervened to prop the market by lowering interest rates. Fed moves impact the broader market equities and impact resource equities alike so let’s take a look at the effect of a general market correction on our resource portfolio.