Gold & Silver

"[The current]...base building process for gold...has been similar to the 2006/2007 base before it went higher (see chart)....If it breaks out through... $1,688, and in particular, eventually, through $1,791...the short-term target for gold would then be in the $2,050 to $2,060 range. After a short-term pause we would then expect a continuation up to the $2,400 area by the end of the year or beginning of next year." (See long-term Gold chart)

...[Y]ou may be curious why, despite continued money-printing and abysmal US economic reports, gold hasn't been able to hit new highs. The answer is that gold is currently priced for collapse. Many investors believe the yellow metal has topped out and are selling into every rally. Treasuries have temporarily overtaken gold as the primary safe-haven asset [but, as I see it,] once that dynamic is broken the counterflow into gold will be tremendous. [Let me explain further.] Words: 797

Due to the severe financial crisis in Europe, capital will continue to take refuge in the U.S. Dollar and gold and silver will collapse to US$1,380/oz. (Fibonacci Retracement 61.8% level) and US$18/oz. (Fibonacci Retracement 76.8% level) respectively, in the third quarter of 2012.

Due to the severe financial crisis in Europe, capital will continue to take refuge in the U.S. Dollar and gold and silver will collapse to US$1,380/oz. (Fibonacci Retracement 61.8% level) and US$18/oz. (Fibonacci Retracement 76.8% level) respectively, in the third quarter of 2012.

Gold has been moving within a mega upchannel since 1970 and still has a ways to go before reaching the top side of this mega uptrend. How high is anyone’s guess but were gold's price rise to match the 2300% rise realized in the 1970s (and our research suggests we could see the start of the bubble phase by next year) we’d see a $6000 gold price, which would blow the gold price well above the mega upchannel. [Let us explain our conclusions with the use of 2 charts.] Words: 495

The world’s economy is passing through a low growth environment and this is in stark contrast to the first half of the last decade, when we had a global boom. Today, Europe is on the brink of recession, the US economy is growing at only 2% per year and it appears as though China is facing a major slowdown. Given these circumstances, we are of the view that the prices of natural resources will struggle to retain last decade’s momentum. [Let me explain further.] Words: 745

How many ounces of in-situ gold exist? How many gold mines exist in Canada and elsewhere? How rare is a 1.0 million ounce undeveloped deposit? This report answers these questions and more while providing insight into the scarcity of mines & deposits.

How many ounces of in-situ gold exist? How many gold mines exist in Canada and elsewhere? How rare is a 1.0 million ounce undeveloped deposit? This report answers these questions and more while providing insight into the scarcity of mines & deposits.

I think the big issue going forward is the growing shortage of available physical gold. I strongly believe one of the reasons for the shortage is a lot of it is headed East. The last four or five months of the year gold should challenge, and easily take out, its all-time high.

I think the big issue going forward is the growing shortage of available physical gold. I strongly believe one of the reasons for the shortage is a lot of it is headed East. The last four or five months of the year gold should challenge, and easily take out, its all-time high.