Gold & Silver

Optimism, hype, wishful thinking, hope - call it what you will (unabashed cheerleading?) - abounds regarding the future for the price of both gold and silver. Below are just a few such views.

There is so much hype and cheer-leading out there amongst supposed gold & silver analysts that you probably wonder just who is worth your time to follow, if anyone. Having read and analyzed hundreds and hundreds of articles on the subject I have concluded that there is ONLY one such person.

Gold stocks will soon go vertical again—just as they have many times in the past—and investors with just a smidgen of patience will see their gold portfolios driven by a hurricane-force bull market. Virtually all gold stocks will go much higher. As in the past, gains for the strongest juniors will be 10-to-1, and you can expect a few superstars to return 100-to-1.

The resource markets (including gold & silver) are well known for moving in cycles...Raging bull markets & crippling bear markets, repeat. The data doesn’t tell us exactly when gold & silver will enter their respective upcycles, nor how big they will be, but it does tell us this: new bull cycles are coming. Let me explain further.

Where the gold skeptics have their argument wrong is their belief in the almighty dollar. If the U.S. dollar crashed then gold prices would undoubtedly surge as the only credible rival safe haven currency, except perhaps the Swiss franc and the crashing of the U.S. dollar is not an unrealistic expectation. Let me explain.

There are certainly reasons to own gold such as wealth preservation and as a hedge against rising rates, but demand for the iWatch, or from industry more generally, has not been a major catalyst driving the gold market, so if you think the iWatch will perform well - buy Apple - not gold. Let me explain further.

The best places to buy gold and silver online depend on what your goal with the gold is — amassing physical bullion for financial security or to speculate on prices. Below are strategies and recommended dealers for each approach:

It does not makes sense to expect any major shake-up that would affect the pricing of gold and silver in a major way until at least January 2016 at which time the IMF is scheduled to meet to discuss the possible inclusion of the Chinese RMB in the basket of fiat currencies that make up the constituents of the U.S. Dollar Index. Let me explain why that is the case.

The insane banker’s world in which we live will come to an end, and likely a disastrous one. Keep on stacking gold & silver. On a relative scale, price should be your least concern.

Silver has gone through many phases over the past 5,000 years making it the most dynamic of all precious metals as this infographic so clearly illustrates.