I believe that sooner or later Dr. Bernanke and the Feds will have to resort to another round of quantitative easing which will cause investors to run back to the safe haven of precious metals but, until that happens, I conclude that gold will continue to weaken... [Here's why.] Words: 461
Read More »Gold’s Recent Price Action Suggests Ultimate Top of $5,000/ozt.
The correlation between the gold price from 1968 until 1979 and from early 2000 until today is an amazing 89.65%! More specifically, the correlation from 1975 until April 1979 and from January 2008 until today is an astonishing 97.83% suggesting that gold will reach an ultimate top of $5,000 per troy ounce before the bubble bursts. Words: 330
Read More »Update: These 90 Analysts Believe Gold Will Go to $5,000/ozt. – or More! (+13K Views)
Of the 133 analysts who have now gone public in maintaining that gold will eventually go to a parabolic peak price of 2,500/ozt.+ before the bubble bursts 90 - yes 90 - maintain that gold will reach at least 5,000 per ozt. Take a look here at who is projecting what, by when. Words: 954
Read More »Gold Could Reach $20,000/ozt. by 2020 – Without Hyperinflation! Here’s How (+4K Views)
Today’s gold price of $1500+ is low...if I compare it to all other financial assets...[and if] I compare it to returns achieved since 1976 from the stock market and to the growth in US Federal liabilities. [Frankly, I can justify a price as high as $20,000 per troy ounce as early as 2020 and that is even without hyperinflation. Let me show you why.] Words: 1343
Read More »Think You Know All About Silver? Take This Quiz and Find Out (+2K Views)
CPM Group's recently released its 2011 Silver Yearbook...[which] presents some interesting facts that paint a decidedly bullish picture for the metal going forward. If you’re a silver investor, and/or are concerned about the recent selloff, you may find the following data very compelling. It provides an inside track on the market and will certainly make you a more knowledgeable investors.[Read on!] Words: 1280
Read More »It's Not Time to Buy the Gold Miners – Yet
The GDX has declined over 10% on a closing basis [since the end of May and] late last week broke the major support zone when it closed below 52.50. That is not good news for the gold mining bulls, but given the current dynamics of price and volume action in GDX, a bounce is due. [Let me show you why.] Words: 850
Read More »Gold Mining Stocks Are CHEAP Compared to Price of Gold
So far in 2011 gold prices have increased [approx. 8] percent.. while the stocks of gold [mining] companies in the HUI have... declined 13%...[As such,] this year’s carnage has created a substantial opportunity to buy healthy gold mining companies at their second-cheapest level in nearly 30 years compared to gold bullion. [Let me explain.] Words: 1265
Read More »World's Silver Production By Country – And Much More!
Silver is one of the most important of all precious metals. Today owning silver as part of your portfolio seems to be a smart choice as prices have risen substantially over the past year or two and show little signs of topping out any time soon. [If your focus has been on gold to date then it is time to learn more about "that other shiny metal" and I will endeavour to do just that in this article.] Words: 687
Read More »Why the USD Index Could Fall to 65 and Gold Rise to…
At present the USD is at yet another major inflection point and what it does from here will have direct implications for U.S. investors, not only asset allocation (bonds, stocks, commodities, currencies) but also sector allocation (cyclicals, non-cyclicals). [Let's take a closer look at the situation.] Words: 2102
Read More »Higher Interest Payments on Debt = Higher Prices for Gold and Silver
Historically the price of gold rises when there’s an increasing percentage of federal revenues going to pay interest on the national debt and...declines when US interest payments move down as a percentage of federal revenues. [Given what is currently unfolding,]...the forecast for the price of gold is simply up, up and away. [Let me show you in graphic form.] Words: 451
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