Gold

After reading recent articles by others and listening to what continues to pass as ‘fundamentals for gold’, I think it might be helpful to restate, and elaborate on, two specific things which gold is not: (1) Gold is not an investment and (2) Gold is not a hedge against inflation.

Gold investors are right to wonder what effect, if any, Basel III will have on the gold price. Our take is that...

Such high inflation expectations could very well see Gold bust up through that red downtrend line pretty easily to perhaps as high as $2,100/ozt.

Any talk of “a return to normalcy” is nonsense. We are emphatically not headed in a normal direction.

The best time to buy is when there is “maximum pessimism,” and the best time to sell is when there is “maximum optimism” and, right now, I see gold as the ultimate contrarian investment.

Over the past 120 years the gold:oil ratio has been a reliable indicator of when to invest in oil and when to invest in gold so what is it saying these days?

You can buy gold (or silver) or you can be a deer in the headlights. It’s a pretty clear choice.

Nearly every major correction has been preceded by weakness in Lumber relative to Gold so what is the Gold:Lumber Ratio saying these days?

The Dow-to-Gold Ratio presently stands at 19-to-1 and we expect it will fall at least down to 13 with gold gaining more and/or holding its value better than the Dow in 2022.

How much gold is the world digging up each year and what countries produce the most?