Surely, the swift and severe plunge in gold represents a buying opportunity, right? I mean, it's not like the Fed finally stopped printing money, right? Wrong! As the old saying goes, "never try to catch a falling knife" and that's especially true in the case of gold. Below are 3 fundamental forces working against gold prices and, combined, they could ultimately push the precious metal down another 25% from here.
Read More »Monthly Archives: July 2013
Is Gold Still Good to Go?
Is gold still good? For many investors, the answer is a resounding "No!" but that doesn't answer the question: Is gold still good?
Read More »Goodbye $1,200 Gold: Hello $2,340 Gold – Here’s Why & How (3K Views)
Gold may be set to nearly double from current levels, but it didn’t drop in a straight line and it won’t return to (and surpass) its previous highs in a straight line, either.
Read More »Satire At Its Best: America vs. Canada on Greed & Their Respective Banking Systems
In this irreverent clip - satire at its best - Jason Jones from Daily Show teaches regulation-loving Canadian bankers the advantages of harmless American free-market fun or, more accurately, highlights the differences between the American and Canadian banking systems and their respective perceptions on the meaning of the word "greed". Enjoy!
Read More »Sprott: Why Financial Fundamentals Are So Good for Gold & Silver
This ten minute interview with Eric Sprott is excellent and worth your time. He makes the best case I have heard or read recently about why the financial fundamentals are so good for precious metals...both physical gold and silver and the good mining stocks. It is really worth listening to.
Read More »The Bottom Is In for Gold and Silver – Here Are the Reasons Why (+2K Views)
No one has a crystal ball and I certainly don’t claim to have one. [Nevertheless,] I strongly believe that the prices we see today in gold and silver will be looked back upon in the next few years as a great buying opportunity. The data I read and understand tells me the case for gold and silver is now a strong one...If you are conservative dollar cost average into a position for a long time now [otherwise] I am OK with a full allocation into gold and silver at this point in time...
Read More »Goldrunner: Gold Complex So Underpriced Reward Is VERY High & Risk Is VERY Low (+2K Views)
A more aggressive devaluation of paper currencies is on the horizon thus the whole PM Complex is completely underpriced. Averaging in from this point on seems warranted. Below is a full explanation as to why that is the case.
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