Gold, Silver & Other Commodities

Gold’s relatively methodical advance since the turn of the millennium has had to do with the persistent desire to allocate a small portion of global wealth away from traditional financial assets and the fiat currencies in which they are priced. For these reasons, and the many more outlined in this article, we believe gold’s most dramatic advances remain ahead of us.

The political, financial, and economic trends show that virtually all of the coming changes will be very positive for gold. That’s not pie in the sky wishful thinking—it accurately describes the next stage of the gold market, something that will soon visit your portfolio. Consider these 7 likely changes on the horizon and how they will transform the gold market from flat and listless to exciting and profitable.

The correction in gold is approaching, or is at, its conclusion although gold could drop to $1000 before it’s done. That being said, however, further losses are looking less likely as the dollar has broken down from its parabolic uptrend and is vulnerable to a severe decline. The long-term outlook for gold and silver is a massive parabolic ramp similar to, but much greater in magnitude than that which occurred in the 1970’s, taking gold eventually to $5000 or higher. Silver may prove to be an even better investment. Here's my explanation with a good number of charts.

It's impossible to accurately forecast the coming direction in precious metals but it is clearly evident from the monitoring our set of charts and indicators that gold, silver, et al, is nearing a pivot point.

The pressure on gold prices has seen some analysts suggest that the Midas Metal has had its time in the sun and that the precious metal will stay out of favor but any investor with an understanding of how market cycles can quickly change will see that the predicted demise of gold would be the wrong call to make.

"Told you so!" I'm sure that is what the analysts who have projected such a dramatic decline are saying with the recent major correction in the prices of gold and silver. Read why they have come to their conclusions in this catch-all article.

Does increasing divergence between GDX Gold Miners & Gold indicate investors are betting that gold is at the end of a cyclical bear market and on the verge of launching into a new uptrend?

Why in the world has JP Morgan accumulated more than 50 million troy ounces of physical silver since early 2012, adding more than 8 million troy ounces during the past couple of weeks alone? Why are they doing this? What do they know that the rest of us do not? Could it possibly be that they are anticipating another great economic crisis? We are definitely due for one! Here's what I think is going on behind the scenes.

I believe those with patience will get the chance to buy gold a lot cheaper than current prices. Gold could be heading toward the $1,000 per troy ounce level - or lower - and that price may come in a fast and furious sell-off.

I'm with Buffett on real assets over paper, but on gold he's flat wrong...I guess Warren found crony capitalism in a fiat world was an easier way to get rich than hard work with honest money.