Gold

It never ceases to amaze me just how dumb and misinformed financial commentators are, often looking in all the wrong places for script, when the fact is that stupidity, greed, and stubbornness runs rampant amongst paper market gold speculators.

Investors commonly assume that rising interest rates adversely impact the gold price, and vise versa. They believe that a rising interest rate environment is indicative of a strong economy, which is supposed to drive investors out of gold and into the stock market. They further assume that investors will want to exchange their gold, which has no yield, for stocks and bonds, both of which have yields and generate income but this intuition is unfounded. Let me explain why that is the case ans why, as such, gold investors shouldn't fear rising interest rates.

Frankly, we cannot conceive of a more cataclysmic set of circumstances for both the global economy in general, and the gold Cartel specifically, than currently exist. Act now, before “traders” return from summer vacations next week or you may be locked out of the most important “protection trade” of all time!

For those who can exercise even a minimal amount of foresight, taking self- direction has never been more important. That means buying physical gold and silver at any price.

Once the grip of the fiat “dollar” gives way, and it is slowly losing ground, then the price for gold and silver will find their more natural value - and not until then. When might that happen? It could be weeks, it could be months, maybe even another year or two, but whenever it happens, it is more likely to be an overnight “adjustment.” Plan accordingly.

Buckle up! Gold is coming out of hibernation within the next 6 to 12 months and will then begin a major breakout to the upside to at least $3,600 over the next 2 to 4 years.

Interest rates cannot stay low forever so, while the Fed’s low interest rate policy is pushing stock and bond prices higher, it is also infusing potential energy into the gold market. Therefore, it is only a matter of “When?” and not “If?” this trend reverses and gold catapults higher.

Although it may seem strange, the recent scramble for Bitcoin fortunes bears an odd but striking resemblance to the California Gold Rush in the mid-19th century. This time round, however, the miners are using computers and cryptography instead of shovels and buckets.

2014 could end up being the turnaround year for precious metals and a bull market ascent could develop in 2015 - especially so in gold shares. Here's why.

The amount of gold becoming available for production in the near term will be well under 50% of that currently being produced and the longer-term downward trend in discoveries will likely continue for at least the next few years.