Gold

Central banks have been net buyers of gold for 11 consecutive years with 10 central banks making net purchases of one tonne or more in 2020, highlighting the continued demand for the precious metal.

A number of gold charts have caught my eye in recent days/weeks, so I thought it would be a good idea to collate them here.

65 analysts are now forecasting that the price of gold will increase dramatically this decade with 14 maintaining that $10,000/ozt and beyond is more than likely. One of them even claims that gold will reach $50,000/ozt. in 2025 and then spike to $87,500/ozt.! Below is a revised list of their names and stated rationale for each of their forecasts.

"How much gold should you own?" This article discusses a number of different views on the subject in an attempt to help you answer that question.

We could be close to major financial/monetary crisis and it is most likely that it could happen during a major stock market crash and recession.

Precious metals are a popular investment choice for people wishing to buy a tangible asset that retains its value over time and specifically in times of inflation and political uncertainties. In particular, gold and silver generally maintain their value even when the stock market faces major financial fluctuations. Below is a list of 19 online sellers of gold and silver along with the features of each for your review and consideration:

The Appalachian/Atlantic Gold Belt runs along the boundaries between tectonic zones ranging from the state of Alabama in the USA to the province of Newfoundland and Labrador on Canada's east coast. This summary report highlights the 30 publicly listed gold mining and exploration companies that operate there.

  …In basic terms, the United States is going broke. We’re heading for a sovereign debt crisis. I don’t say that for effect. I’m not looking to scare people or to make a splash. That’s just an honest assessment based on the numbers. There’s no way out of the debt death trap. Or is there? There is actually a way …

…As Jeremy Grantham recently said, stocks are in an “epic bubble”. Still most investors ignore this since greed dominates their emotions. If stocks are up 3,900% since 1971, there is no reason why it shouldn’t continue…[In fact, however, investors] should be having sleepless nights knowing that they are about to lose up to 99% of their wealth within the next …

Just as gold was used to create money in earlier eras, sovereign debt serves the same purpose today, and this constitutes a bullish outlook for the price of gold - as high as $3,000/ozt. over the next 18 months.