Friday , 1 November 2024

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Goldrunner: Gold to Rocket To Around $4,000, And Then on to $10,000-$12,000

The Fractal Gold chart work is a direct comparison of Gold, today, to the late 70’s Gold Parabola. Thus, “timing” is taken directly from the late 70’s cycle, with price targets created from a combination of the late 70’s Gold price and different technical analysis techniques. We developed a price target back in 2006/ 2007 for Gold to reach the $10,000 to $12,000 range during this Gold Bull. Anything above that range would mean that the “Stagflation” comparison to the late 70’s was exceeded and “Hyper-inflation” would become a real possibility. Let me explain where we are at this point in time.

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Alf Field's Analysis of the Trend & Price of Gold/Silver in 8 Great Articles

You visit this site because you appreciate the quality and informative nature of the articles and their edited excerpt approach of providing articles in a concise and clear manner to provide you with a fast and easy read each and every time. Below are 8 articles by Alf Field with links to the introductory paragraphs of each of the articles with links to each of the individual articles.

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George Soros' Speech on the Euro Crisis Has Gone Viral For Good Reason – It's Brilliant

If you see yourself as someone who 'thinks for yourself' and have wealth to protect I strongly recommend you spend time listening to George Soros. I particularly recommend this given that he delivered this address in June, and because I believe we are now getting to the point where we can see the lights of the train as it comes ever closer to where we are standing on the Eurozone (and world) economic track. Words: 655

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What’s Coming: A "Fiscal Meat Grinder," A "Fiscal Cliff" and a Potential "Major Market Meltdown"! (+3K Views)

The International Monetary Fund, the U.S. Congressional Budget Office, the National Association of Manufacturers and many other authorities are now warning that with the largest tax increase in U.S. history — plus the largest government spending cuts our nation has ever seen - one of the deadliest financial crises in U.S. history is set to strike the U.S. economy beginning this coming New Year's Day. Barring a miracle in Washington..... Words: 1028

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Why The Government and The Economy Will Collapse (+3K Views)

The problems of the US government are insoluble. They will result in the sovereign default of the federal government and the collapse of the US economy. Monty Pelerin explains why: "The claimed debt of the Federal Government of $16 Trillion is enough to threaten its viability and that of the US economy. The current glide path of spending and revenues ensures that debt will increase. Explicit and implicit Treasury guarantees will be required to bail out failing public and private agencies. The situation becomes hopeless when the unfunded liabilities are taken into account."

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Quote Of The Day

Doug Casey commenting on the past and the future: What we experienced in the 1930s was a deflationary depression where billions of dollars were wiped out with a stock market collapse, bond defaults, and bank failures. Inflationary money that was created since the formation of the Federal Reserve in 1913 was wiped out. Prices went down. This depression will be …

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The Most Over- and Under-rated Economic Indicators – Agree or Disagree?

Pundits and prognosticators like to throw around a lot of numbers when trying to predict where the economy is headed. The most popular economic indicators, however, aren't nevessarily the best. Russ Koesterich explains why the figures you hear most often are over-rated and identifies which indicators should be used instead.

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Economists Agree: The Gold Standard Is a Barbarous Relic that Belongs In the Dustbin of History! Here's Why

The gold standard is a solution in search of a problem. Actually, it's worse than that. It's a problem in search of a problem. Prices would have to fall a great deal if we adopted the gold standard today. In other words, it would turn the imagined problem of price stability into a real problem of price stability. And, of course, this ensuing deflation would send the economy into a death spiral due to still high levels of household debt. [Let me explain further.] Words: 910

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