The upside potential following this correction still looks huge for Gold and for Silver. We expect Gold and Silver to soon make a run back up to the recent highs - but at a sharper angle than they fell. [Let me explain why this will likely be the case.] Words: 528
Read More »Gold Has Just About Bottomed: Now's the Time to Buy, BUy, BUY! Here's Why
If you aren't already in, this coming Monday or Tuesday (Nov. 5-6th) should represent an exceptional buying opportunity as gold moves into its final intermediate cycle bottom. Now that the 38% retracement has been breached I would look for a final exhaustion move to test the 50% level early next week as we move into the elections. Words: 284
Read More »A Stock Market Rally Is Coming By Year-end: Here Are 10 Reasons Why
The U.S. economy is careening toward a fiscal cliff. Europe is stuck in a financial abyss. China is economy, a bastion of strength for the last decade, is throttling down. Given this less-than-rosy economic backdrop, how could I possibly predict that U.S. stocks are poised to rally as 2012 comes to a close? Glad you asked....Here are 10 reasons why I’m taking such a contrarian stance. (Hint: I saved the most important reasons for last). Words: 1420
Read More »Gold Should Be At $4,666 These Days – Here's Why
Since the Financial Crisis erupted in 2007, the US Federal Reserve has engaged in dozens of interventions/ bailouts to try and prop up the financial system...and the amount of money printed is absolutely staggering. As a result of this, inflation hedges, particularly Gold, have been soaring...[but] for gold, for example, to hit a new all time high adjusted for inflation, it would have to clear at least $2,193 per ounce. If you go by 1970 dollars (when gold started its last bull market) it would have to hit $4,666 per ounce. Words: 581
Read More »Update: Gold & Silver to Drop to $1,675 & $30.50 by End of 2012 Before Going to $3,950 & $117 by End of 2013!
My previous article on gold & silver went viral with almost 30,000 reads on munKNEE.com alone and continues to be read by hundreds of goldbugs daily. Below is an updated chart and analysis suggesting that gold & silver have further to drop before they go parabolic. Take a look and share it with friends.
Read More »Certain Hard Commodity Prices Will Drop By As Much As 50% By 2015 – Here's Why
I have been bearish on hard commodities for the past two years and, while prices may have dropped substantially from their peaks during this time, I don’t think the bear market is over. I think we still have a very long way to go and there are four reasons why I expect prices to drop a lot more. Words: 3978
Read More »A Very Strong Rise In the Price of Physical Gold is Assured – Here's Why
It is very difficult to see any factor that could stop a continued very strong rise of the physical gold price...[due to] two main drivers...[as mentioned below. Let me explain.] Words: 444
Read More »The History of Silver As a Currency – and More (+2K Views)
Silver has thousands of industrial uses and is considered a store of wealth by investors. The infographic below illustrates silver's history as a currency in the past and as an essential component in industry and technology today.
Read More »A Massive Stock Market Crash Is Coming! (+2K Views)
In the financial world, the month of October is synonymous with stock market crashes. So will a massive stock market crash happen this year? You never know. Hopefully we'll get through October (and the rest of this year) but, without a doubt, one is coming at some point. The truth of the matter is that our financial system is even more vulnerable than it was back in 2008 and, as such, many financial experts are warning that the next crash is rapidly approaching and that those on the wrong end of the coming crash are going to be absolutely wiped out. Let’s take a look at some of the financial experts that are predicting really bad things for our financial markets in the months ahead. Words: 1634
Read More »Believe It or Not: U.S. Treasuries Could Be Best Performing Asset Class in the Next 1-2 Years – Here's Why It's Quite Possible
Could U.S. Treasuries be the best performing asset class of the next one-two years? It's quite possible. I am sure this article is bound to stir up controversy, but I'd like to spend some time analyzing several drivers that could buoy bond prices in the coming months. Words: 1053
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