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.
Read More »Search Results for: bubble
These 8 Analysts See Gold Going to $3,000 – $10,000 in 2012! Here’s Why
Back in 2009 I began keeping track of those financial analysts, economists, academics and commentators who were of the opinion that it was just a matter of time before gold reached a parabolic peak price well in excess of the prevailing price. As time passed the list grew dramatically and at last count numbered 140 such individuals who have gone on record as saying that gold will go to at least $3,000 – and as high as $20,000 - before the gold bubble finally pops. Of more immediate interest, however, is that 8 of those individuals believe gold will reach its parabolic peak price in the next 12 months - even as early as February, 2012. This article identifies those 8 and outlines their rationale for reaching their individual price expectations. Words:1450
Read More »munKNEE.com's Most Read "Best of the Best" Articles in 2011
This post initiates what I hope will become a multi-year tradition of listing what, according to munKNEE.com readers, were the most read articles from a longer term perspective which makes all of them still VERY relevent today. Interestingly, the 12 most popular articles as determined by you, the visitor, covered the full spectrum of what munKNEE.com covers, i.e. the Economy; the Financial Crisis; the U.S. Dollar and the future of Gold and Silver. Introductory paragraphs and links to each article are provided in descending order of popularity. Enjoy!
Read More »Financial Advisors' Financial Advisory #4 – Preparing for 2012
If you are tired of spending hours each week searching for articles that are extremely informative, relatively brief and very well-written, then go no further than munKNEE.com. Here is a sampling of articles posted on the site this past week related to what is happening in the economy and the gold market and what the future holds for its price. Words: 1049
Read More »$10,000 Gold is Coming in 2012/13! Here’s Why (+4K Views)
I am increasingly confident that the consequences of fragile sovereign debt, precious metals market manipulation, insufficient physical supply, and the need for a safe haven investment refuge, will contribute to rampant price inflation and drive precious metals bullion and mining stock to a parabolic peak price of $10,000 sometime in 2012 or 2013 at the latest. You may think my …
Read More »Gold Tsunami: on the Cusp of $3,000+? (10K Views)
Early this year we suggested a 50% rise in Gold to $1860 - $1,920 into mid-year. Now, we see the Gold tsunami realizing an approximate 100% rise that will crest at $3,000+ into the middle of 2012, drowning any doubters in its wake. Below are a number of factors that support that view. Words: 1250
Read More »2012: More Money-printing Leading to Accelerating Inflation, Rising Interest Rates & Then U.S. Debt Crisis! Got Gold? (+4K Views)
Evidence shows that the U.S. money supply trend is in the early stages of hyperbolic growth coupled with a similar move in the price of gold. All sign point to a further escalation of money-printing in 2012...followed by unexpected and accelerating price inflation, followed by a rise in nominal interest rates that will bring a sovereign debt crisis for the U. S. dollar with it as the cost of borrowing for the government escalates...[Let me show you the evidence.] Words: 660
Read More »Gold: Will it Go to $12,500 – $24,000 – or $39,000/ozt. – by End of Decade? Here’s the Rationale for Each (+8K Views)
From questions whether gold is in a bubble to predictions that soaring prices are just around the corner, one thing is clear: a new phase of awareness for gold is upon us. How far might it move before these troubling times are over? [Let's take a close look at a variety of factors and scenarios before coming to a conclusion.] Words: 5717
Read More »Gold Bounce Confirms Bull Market Intact on Its Way to $3,000 – $10,000 (+2K Views)
With what is happening in the price of gold these past few weeks/months it is imperative to take a look at the big picture and in doing so it shows that we are still very much in a long-term bull market. Let's take a look at some charts that clearly outline where we are currently and where we could well be going. Words: 925
Read More »Financial Advisors Advisory Alert #3 on Stocks and Physical Gold
If you are tired of spending hours each week surfing the net or even visiting your up-to-now favourite financial site looking for articles that are extremely informative, relatively brief and very well-written, then go no further than munKNEE.com. Here is a sampling of articles posted on the site this past week related to what is happening in the economy and the gold market and what the future holds for its price. Words: 1628
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