I have long recommended that investors keep 5-10% of their portfolio in physical gold so, in light of Obama’s re-election, it is that much more important if you have no gold or silver in your portfolio, that you to buy some. If you already own gold or silver, you may want to consider adding to your position. Let me explain why that is the case.
So says Peter Schiff (www.europacmetals.com) in edited excerpts from his written introduction to his video about the impact Obama’s re-election will have on the economy and the outlook for gold as a consequence.
Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), may have edited the article below to some degree for length and clarity. This paragraph must be included in any article re-posting to avoid copyright infringement.
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Related Articles:
1 . U.S. Dollar Index to Plunge; Gold & Silver to Soar! Here’s Why
<img width=”90″ height=”65″ src=”https://www.munknee.com/wp-content/uploads/2011/05/gold-silver-90×65.jpg” alt=”gold-silver” title=”gold-silver” /> With President Obama being re-elected we can expect four more years of a Washington-centric controlled economy with a rolling program of borrow, print, spend and pretend; similar to the last four years….[What affect will such fiscal irresponsibility have on the U.S. dollar, gold and silver? Read on!] Words: 717
2. Gold Projected to Reach $4,000/ozt. Sometime Between Late 2015 & Mid 2017! Here’s My Rationale
<img title=”gold-bar5″ src=”https://www.munknee.com/wp-content/uploads/2012/11/gold-bar5-90×65.jpg” alt=”gold-bar5″ width=”90″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2012/11/gold-bar5-90×65.jpg” data-lazy-type=”image” /> <img width=”90″ height=”65″ src=”https://www.munknee.com/wp-content/uploads/2012/11/gold-bar5-90×65.jpg” alt=”gold-bar5″ title=”gold-bar5″ /> I am not predicting a future price of gold or the date that gold will trade at $4,000, but I am making a projection based on rational analysis that indicates a likely time period for gold to trade at $4,000 per troy ounce. Yes, $4,000 gold is completely plausible if you assume the following:
3. Update: 51 Analysts Now Maintain that Gold is Going to $5,500 – $6,500/ozt. in 2015!
<img title=”gold_ounce350_4dcc90a055e04-190×190″ src=”https://www.munknee.com/wp-content/uploads/2011/11/gold_ounce350_4dcc90a055e04-190×190-90×65.jpg” alt=”gold_ounce350_4dcc90a055e04-190×190″ width=”90″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2011/11/gold_ounce350_4dcc90a055e04-190×190-90×65.jpg” data-lazy-type=”image” /> <img title=”gold_ounce350_4dcc90a055e04-190×190″ src=”https://www.munknee.com/wp-content/uploads/2011/11/gold_ounce350_4dcc90a055e04-190×190-90×65.jpg” alt=”gold_ounce350_4dcc90a055e04-190×190″ width=”90″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2011/11/gold_ounce350_4dcc90a055e04-190×190-90×65.jpg” data-lazy-type=”image” /> <img title=”gold_ounce350_4dcc90a055e04-190×190″ src=”https://www.munknee.com/wp-content/uploads/2011/11/gold_ounce350_4dcc90a055e04-190×190-90×65.jpg” alt=”gold_ounce350_4dcc90a055e04-190×190″ width=”90″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2011/11/gold_ounce350_4dcc90a055e04-190×190-90×65.jpg” data-lazy-type=”image” /> <img title=”gold_ounce350_4dcc90a055e04-190×190″ src=”https://www.munknee.com/wp-content/uploads/2011/11/gold_ounce350_4dcc90a055e04-190×190-90×65.jpg” alt=”gold_ounce350_4dcc90a055e04-190×190″ width=”90″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2011/11/gold_ounce350_4dcc90a055e04-190×190-90×65.jpg” data-lazy-type=”image” /> <img title=”gold_ounce350_4dcc90a055e04-190×190″ src=”https://www.munknee.com/wp-content/uploads/2011/11/gold_ounce350_4dcc90a055e04-190×190-90×65.jpg” alt=”gold_ounce350_4dcc90a055e04-190×190″ width=”90″ height=”65″ data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/uploads/2011/11/gold_ounce350_4dcc90a055e04-190×190-90×65.jpg” /> <img width=”90″ height=”65″ src=”https://www.munknee.com/wp-content/uploads/2011/11/gold_ounce350_4dcc90a055e04-190×190-90×65.jpg” alt=”gold_ounce350_4dcc90a055e04-190×190″ title=”gold_ounce350_4dcc90a055e04-190×190″ /> Lately analyst after analyst (161 at last count) has been climbing on board the golden wagon with prognostications as to what the parabolic peak price for gold will eventually be. That being said, however, only 51 have been bold enough to include the year in which they think their peak price estimate will occur and they are listed below. Take a look at who is projecting what, by when and why. Words: 644
4. Gold Should Be At $4,666 These Days – Here’s Why
<img title=”golden dollar” src=”https://www.munknee.com/wp-content/uploads/2011/07/golden-dollar1.jpg” alt=”golden dollar” width=”54″ height=”54″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2011/07/golden-dollar1.jpg” data-lazy-type=”image” /> <img title=”golden dollar” src=”https://www.munknee.com/wp-content/uploads/2011/07/golden-dollar1.jpg” alt=”golden dollar” width=”54″ height=”54″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2011/07/golden-dollar1.jpg” data-lazy-type=”image” /> <img width=”54″ height=”54″ src=”https://www.munknee.com/wp-content/uploads/2011/07/golden-dollar1.jpg” alt=”golden dollar” title=”golden dollar” /> 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
5. Alf Field: Gold STILL Targeted to Reach $4,500 – Preceded By Violent Upside Action
We now have a really strong probability that the correction which started at $1913 on 23 August 2011 has been completed both in terms of Elliott waves and also in terms of time elapsed. If this is correct, the gold price should soon be expressing itself in violent upside action as it moves into the third of third wave which is still targeted to reach $4,500. [Let me explain in detail (with charts) how and why my most recent analyses confirm my earlier target of $4,500.] Words: 1085
6. New Analysis Suggests a Parabolic Rise in Price of Gold to $4,380/ozt.
<img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /><noscript><img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /><noscript><img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /> <img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /><noscript><img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /><noscript><img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /> <img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /><noscript><img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /><noscript><img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /> <img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /><noscript><img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /> <img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ /> According to my 2000 calculations, if interest rates and inflation stay constant over the next 2 years, we could expect to see (with 95.2% certainty) a parabolic peak price for gold of $4,380 per troy ounce by then! Let me explain what assumptions I made and the methods I undertook to arrive at that number and you can decide just how realistic it is. Words: 740
7. Egon von Greyerz: Gold & Silver Off to the Races – to $4,500+ & $100+ Each – Here’s Why
<img title=”gold_price_surges_weak_jobs_data” src=”https://www.munknee.com/wp-content/uploads/2011/11/gold_price_surges_weak_jobs_data-90×65.jpg” alt=”gold_price_surges_weak_jobs_data” width=”90″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2011/11/gold_price_surges_weak_jobs_data-90×65.jpg” data-lazy-type=”image” /> <img title=”gold_price_surges_weak_jobs_data” src=”https://www.munknee.com/wp-content/uploads/2011/11/gold_price_surges_weak_jobs_data-90×65.jpg” alt=”gold_price_surges_weak_jobs_data” width=”90″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2011/11/gold_price_surges_weak_jobs_data-90×65.jpg” data-lazy-type=”image” /> <img title=”gold_price_surges_weak_jobs_data” src=”https://www.munknee.com/wp-content/uploads/2011/11/gold_price_surges_weak_jobs_data-90×65.jpg” alt=”gold_price_surges_weak_jobs_data” width=”90″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2011/11/gold_price_surges_weak_jobs_data-90×65.jpg” data-lazy-type=”image” /> <img width=”90″ height=”65″ src=”https://www.munknee.com/wp-content/uploads/2011/11/gold_price_surges_weak_jobs_data-90×65.jpg” alt=”gold_price_surges_weak_jobs_data” title=”gold_price_surges_weak_jobs_data” /> The closing of the gold window back in August 1971 has led governments worldwide to create endless amounts of worthless paper money and the resulting credit bubble has created a world debt exposure of over US$ 1 quadrillion (including derivatives). It has also created perceived wealth for big parts of the world’s population – a wealth which is only backed by promises to pay and by grossly inflated assets. Few people realise that this wealth is totally illusory and will implode considerably faster than the time it took to create it. [Let me explain.] Words: 890
8. Goldrunner: Price Target of $10,000 to $12,000 for Gold Still Holds
<img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /><noscript><img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /><noscript><img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /> <img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /><noscript><img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /><noscript><img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /> <img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /><noscript><img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /><noscript><img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /> <img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /><noscript><img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /> <img width=”86″ height=”65″ src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ title=”gold-bars4″ /> My 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 and we still stand by that forecast. Let me explain where we are at this point in time.
9. Nick Barisheff: $10,000 Gold is Coming! Here’s Why
<img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /><noscript><img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /><noscript><img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /> <img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /><noscript><img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /><noscript><img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /> <img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /><noscript><img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /><noscript><img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” data-lazy-type=”image” /> <img title=”gold-bars4″ src=”https://www.munknee.com/wp-content/uploads/2010/01/gold-bars4.jpg” alt=”gold-bars4″ width=”86″ height=”65″ /> This is not a typical bull market. Gold is not rising in value, but instead, currencies are losing purchasing power against gold and, therefore, gold can rise as high as currencies can fall. Since currencies are falling because of increasing debt, gold can rise as high as government debt can grow. Based on official estimates, America’s debt is projected to reach $23 trillion in 2015 and, if its correlation with the price of gold remains the same, the indicated gold price would be $2,600 per ounce. However, if history is any example, it’s a safe bet that government expenditure estimates will be greatly exceeded, and [this] rising debt will cause the price of gold to rise to $10,000…over the next five years. (Let me explain further.] Words: 1767
10. Gold’s Recent Price Action Suggests Ultimate Top of $5,000/ozt.
<img src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” alt=”” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” data-lazy-type=”image” /><noscript><img src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” alt=”” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” data-lazy-type=”image” /><noscript><img src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” alt=”” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” data-lazy-type=”image” /><noscript><img src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” alt=”” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” data-lazy-type=”image” /> <img src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” alt=”” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” data-lazy-type=”image” /><noscript><img src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” alt=”” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” data-lazy-type=”image” /> <img src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” alt=”” /><noscript><img src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” alt=”” /><noscript><img src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” alt=”” /><noscript><img src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” alt=”” /> 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
11. The Future Price of Gold and the 2% Factor
<img src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” alt=”” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” data-lazy-type=”image” /><noscript><img src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” alt=”” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” data-lazy-type=”image” /><noscript><img src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” alt=”” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” data-lazy-type=”image” /><noscript><img src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” alt=”” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” data-lazy-type=”image” /> <img src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” alt=”” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” data-lazy-type=”image” /><noscript><img src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” alt=”” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” data-lazy-type=”image” /> <img src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” alt=”” /><noscript><img src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” alt=”” /><noscript><img src=”https://www.munknee.com/wp-content/plugins/bj-lazy-load/img/placeholder.gif” data-lazy-type=”image” data-lazy-src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” alt=”” /><noscript><img src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” alt=”” /> It is my contention that the price of gold rallies whenever the U.S. dollar’s real short-term interest rate is below 2%, falls whenever the real short rate is above 2%, and holds steady at the equilibrium rate of 2%. Furthermore, for every one percentage point real rates differ from 2%, gold moves by eight times that amount per year. So if the real rates are at 1%, gold will move up at an 8% annualized rate. If real rates are at 0%, then gold will move up at a 16% rate (that’s been about the story for the past decade). Conversely, if the real rate jumps to 3%, then gold will drop at an 8% rate. [Let me explain.] Words: 982
12. Gold Will Reach $3,000/$4,000/$5,000 Before This Bull Market Is Over! Here are 12 Factors Why
<img title=”gold bars and coins” src=”https://www.munknee.com/wp-content/uploads/2011/11/gold-bars-and-coins-90×65.png” alt=”gold bars and coins” width=”90″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2011/11/gold-bars-and-coins-90×65.png” data-lazy-type=”image” /> <img title=”gold bars and coins” src=”https://www.munknee.com/wp-content/uploads/2011/11/gold-bars-and-coins-90×65.png” alt=”gold bars and coins” width=”90″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2011/11/gold-bars-and-coins-90×65.png” data-lazy-type=”image” /> <img title=”gold bars and coins” src=”https://www.munknee.com/wp-content/uploads/2011/11/gold-bars-and-coins-90×65.png” alt=”gold bars and coins” width=”90″ height=”65″ data-lazy-src=”https://www.munknee.com/wp-content/uploads/2011/11/gold-bars-and-coins-90×65.png” data-lazy-type=”image” /> <img title=”gold bars and coins” src=”https://www.munknee.com/wp-content/uploads/2011/11/gold-bars-and-coins-90×65.png” alt=”gold bars and coins” width=”90″ height=”65″ /> I believe that the price of gold will… reach… $3,000, $4,000, and even $5,000 [per troy] ounce…during the course of this long-lasting bull market, a bull market that still has years of life left to it…[although] prices will remain extremely volatile – with big swings both up and down along a rising trend…The future price of gold is a function of past and prospective world economic, demographic, and political developments [and in this article] I review some of these developments and trends – so that you can come to your own “golden” conclusions. Words: 3800