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.

It’s safe to say that the EU, the U.S., and quite a few other jurisdictions are nearing currency crashes, and in all likelihood, the euro will go before the dollar. When the euro and U.S. dollar fall, however, there is a very sound alternative - and it is NOT gold!

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 term ‘safe' fiat currency is as intellectually disingenuous as terms like ‘fair' tax or government 'innovation’ but, as we’ve been exploring recently why modern central banking is completely dysfunctional, it does beg the question– is any currency ‘safe’? Let’s look at the numbers for some data-driven analysis.

Though the river of gold market analysis runs wide and deep on the Internet, precious little of that content is devoted directly to the most basic rationale for gold ownership. Here we fill that void in chart form – a quick reference for the first-time investor.

The gold price will never fall to US$700, including intraday, for even one second, within the next two years. Here's why

The Great Quickening has commenced in an alarming fashion. In just the last 3 weeks, 10 significant events have taken place suggesting that 2015 will go down in history as extremely messy, extremely chaotic, and extremely important in the demise of the U.S. dollar. This article identifies each of the 10 events and their enormous implications and fallout.

An inordinate build-up of short positions in silver by the "smart money” or “insiders” implied lower gold and silver prices and the charts shown here confirmed that.

Gold is up significantly in 4 of the 7 top currencies (the euro, British pound, Australian and Canadian dollars), up respectably in 2 others (U.S. dollar and Japanese yen) and down slightly in the last (Swiss franc) demonstrating amply the value of gold as a hedge, not just against inflation, but against sudden currency devaluation and systemic financial and economic risks as well.

In spite of the fact that gold has rallied from a price of $1,140 last November, my long-term empirical model suggests it is still undervalued and has the potential to rally to $2,000 by late 2015 or 2016 and quite possibly to between $5,000 and $10,000 in six years time. This article explains why that is the case.