With gold’s ever increasing price and all of the bullishness out there today [I have identified] 5 different situations that would cause the gold trade to unwind. Two are more of the short-term correction variety, while three are more of the long-term new bear market type. [Let me explain.] Words: 831
Read More »Is $53,000 Gold in Our Future? Time Will Tell
The world is in an absolute mess, economically, financially, politically and morally... and this has been evident for at least 10-15 years. The only thing that is not clear is how long governments and central banks can deceive the people by kicking the can down the road in an endless creation of worthless pieces of paper that they call money...The world is now staring into the abyss and we are most likely entering the Dark Years which I wrote about two years ago. The consequences will almost certainly be unlimited money printing and a hyperinflationary depression [which will result in dramatic increases in the price of gold. Let me explain.] Words: 2004 2064
Read More »Gold Could Go to $7,275! Here's Why
With gold trading Thursday (August 18) at close to $1835/oz, many are asking if gold is in a bubble. While gold may be expensive relative to its price last year, how does it compare with that of the S&P 500 -and, as such, how much higher might we expect gold to go]? Words: 346
Read More »Gold is Due for a Correction BUT Long-term Prospect is Bright – Here's Why
Gold is due for a correction. It would be a non-event to see a 10 percent drop in gold and this would actually be a healthy development for markets by shaking out the short-term speculators while the long-term story remains on solid ground. [Indeed, were] gold’s relative value to return to 1979-1980 peak levels of 7.6 times the S&P 500, gold would have to hit the $10,000 mark. [Let me explain further.] Words: 1316
Read More »Gold About to Correct and Stock Markets Rally – Here's Why
The past few weeks traders and investors have been completely spooked by the surge of negative news and collapsing stock prices and reading the volume on the GLD exchange traded fund chart gives us a good sense of what the masses are feeling emotionally - fear....Fear is the strongest force in the financial market for moving prices and there are a number of ways to [ascertain the extent of] fear in the market and the more they line up at the same time, the higher the probability of trend reversal in the near future. [Let's take a look at a few such indicators and what they are currently suggesting.] Words: 700
Read More »What Should a Prudent Gold Investor Do Now?
We are in an environment where gold bugs boldly proclaim that gold is going to the moon, and gold bears strongly protest that gold is in a bubble. At such a heated stage, this article attempts to answer the question, “What is a prudent investor to do now?” Words: 575
Read More »Gold Could Reach $25,000/ozt.! Here's Why
Gold trading at approx. $1,800 per troy ounce does not surprise me... because short-term traders jump in for the ride...Once they have a fundamental understanding of what the future holds, however, they could be instrumental in driving the price up to $25,000 - or more! Let me explain. Words: 772
Read More »Gold: It's Time to Sell – Not Buy! Here's Why
While investors are piling into gold [a number of] independent international financial consultancies are suggesting that now is the time to be getting out of the gold market. [Here are their views.] Words: 897
Read More »$1,800+ for Gold is Still Not Too Much to Pay – Here’s Why (+2K Views)
Sooner or later I think everyone will have an epiphany about money that pushes them to buy gold - even if it’s at levels that would seem expensive today. When that time comes, we won’t be focused on the price of gold but on the absolute need to acquire a more lasting asset. If I’m right, the plus $1,700/ozt. price today is not too high a price to pay. [Let me explain further.] Words: 874
Read More »Sell Your Gold Now – and Buy Its Producers Instead – for Greater Returns
I believe that the masses are stumbling over themselves to buy gold when the far better value is to own the companies that control so much of the supply. I will probably be pilloried for this by the gold bugs, but I’m going to hold my ground: now is not the time to buy gold and it may be a great time to sell it. Words: 435
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