Humans will do almost anything for gold. In fact, they will even suspend themselves 2.5 miles into the Earth – braving extreme temperatures, armed thieves, and constant seismic activity – just to mine a 30-inch gold reef. Welcome to another day at Mponeng, the world’s deepest gold mine.
Read More »Coming Currency Debasement Good for Gold
When I look strictly at what’s actually going on in the world, I have to think that gold will go to at least $2,000 in this cycle and there are very credible scenarios in which it could go to a multiple of that number. Why am I so bullish for the yellow metal? Let me tell you why. Words: 469
Read More »Cut Your Losses Now! Gold Could Shed $200 In Just 1 Day – and Eventually Drop to $700/ozt (+2K Views)
The next stop for gold, coming from strong support in the 2008 mini-crash, is around $700 and it looks like this move is already well into motion!
Read More »Gold Crashed After Trump Won – Why Was Everyone Wrong? Why Did This Happen? (+3K Views)
Most analysts (well, actually all of them) predicted a victory for Trump would be excellent for the precious metals prices yet gold has dropped since then, so why was everyone wrong? Why did this happen?
Read More »Watch Out! Gold Has Broken Bull Market Support & Could Be On Its Way To $1050 In Next Few Months (+2K Views)
The 2016 bull market in gold and gold stocks had gone off course, moving too far out of its historical boundaries to remain a bull market. It has broken bull market support ($1200-$1210 and $1230) and could be on its way to $1050 in the next few months.
Read More »Approval of “Sharia Gold Standard” Will Add 100 Million Islamic Investors To Gold Market (+2K Views)
Once the Sharia Gold Standard is adopted, it’s very likely 100 million Islamic gold investors in key Islamic countries like Bahrain, Qatar, Indonesia, Saudi Arabia and Malaysia will start aggressively buying gold investment products and this could push gold prices higher - a lot higher.
Read More »Gold, Silver & Miners Correction: What Do the Fibonacci Retracement Numbers Tell Us? (+2K Views)
Three steps forward, two steps back. That’s the way new bull markets are always born so what can we expect about the ‘two steps back’ story? In this context we’ll look at some Fibonacci retracement numbers for gold, silver and the mining sector.
Read More »2017 Gold Price Forecast: $1,000ozt – Here’s Why
With the price of gold and silver coming down sharply, many investors are asking what the future price of gold will be. Although we do not pretend to have a crystal ball, we observe sufficient signals in the charts to suggest that the future price of gold points to $1,000/ozt as the most likely 2017 forecast.
Read More »Why Has Gold Dropped? What Does the Future Hold?
Many people assumed that with Donald Trump winning the election that gold would rocket beyond $1400 yet gold has actually DROPPED since the election. With gold experts and analysts scratching their heads, we offer our opinion on what is going on with gold and how gold investors should position themselves moving forward.
Read More »These Pundits See Gold As the Only Real Winner As a Result Of the Election (+2K Views)
Gold’s bright future is down to uncertainty and safe-haven demand in the short-term, but in the long-term this election will be a mere brick in the long-road, bullish road ahead.
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