Tag Archives: gold

I just Googled ”gold to hit” – and I got HUNDREDS of pages for ‘Gold to hit $5,000′. Almost every expert in the world is positive that the “value” of gold – and silver – is about to skyrocket. I don’t think so...You may think you are going to get rich investing in silver and gold – or you may think you can protect your wealth by owning it – or you may think that people will stop accepting paper money and no one will be able to buy anything without it. All of that is nonsense. [Let me explain.] Words: 1739

If you thought the global financial crisis of 2008 was difficult, wait till the sequel comes to your doorstep...An unprecedented financial storm of unknown scope and dimension is upon us...there is a civilization-scale catastrophe taking place and there will be little or no recovery from it for as far as the eye can see into the future. Words: 1450

SocGen has published a fantastic, must read, big picture report which compares the world in the 1980/1985-2000/2005 time period and juxtaposes it to what the author, Veronique Riches-Flores, predicts will happen over... the period from 2005/2010 to 2025/2030. She sees dramatic changes but, unfortunately, they will not be pretty. Let's take a look at what the report has to say about the future. Words: 3025

Central banks have pulled 635 tonnes of gold - the largest withdrawal in more than a decade - from the Bank for International Settlements in the past year and, as such, begs the question: If central banks [supposedly] believe in the value of paper money and their ability to create wealth by printing it then why are they loading up on Gold? The answer is simple: they see the writing on the wall [and that begs an even more important question: Shouldn't you?]...Words: 600

The recent outperformance of precious metals, combined with budget problems in the United States and parts of Europe, has prompted some to speculate that gold or silver will become the next international reserve currency [but in my opinion that is highly unlikely. As such, investors would be highly encouraged to give pause [before] allocating a portion of their portfolios to precious metals. Let me explain further.] Words: 1094

Should you consider selling into any period of strength during the typical summer weakness? No, there are a number of reasons to continue holding gold during this time period. [Let me detail them one by one.] Words: 734

The opportunities expected to arise from investing in silver now are even more pronounced than those of gold. [Let me explain why that is the case.] Words: 1367

Since the beginning of its bull market run back in 2002...gold has enjoyed consistently strong technical support at its 150-day moving average...[only] testing this...support once or twice a year, at most...and in each of the last 9 years, the one time that gold has consistently tested support... [has been] during the month of July. [Furthermore,] in 7 of these last 9 years gold has rallied strongly from this July support level to post gains of +22% on average through the remainder of the year. As a result, it [is important] to capture these opportunities when they present themselves - and such appears to be quickly approaching in the coming days of July. Words: 458

I believe that sooner or later Dr. Bernanke and the Feds will have to resort to another round of quantitative easing which will cause investors to run back to the safe haven of precious metals but, until that happens, I conclude that gold will continue to weaken... [Here's why.] Words: 461

Today’s gold price of $1500+ is low...if I compare it to all other financial assets...[and if] I compare it to returns achieved since 1976 from the stock market and to the growth in US Federal liabilities. [Frankly, I can justify a price as high as $20,000 per troy ounce as early as 2020 and that is even without hyperinflation. Let me show you why.] Words: 1343