Tag Archives: future gold price

Serious investors should make a habit of watching key ratios related to gold. They all suggest that it is still a great opportunity to buy gold & silver and/or their miners.

A few years back I published an article that itemized what 148 supposed experts of the day were predicting for the future price of gold and as it turns out none of them – not one – knew what they were talking about. By trying to do so they were all playing a fool’s game, a game reserved for the brave but foolhardy.

The trend continues down in gold & silver irrespective of all the positive news, charts, graphs, and other news writers specializing PMs present. The major players may be setting up one more trap to take the price of silver down to levels most do not expect. After all, how many expected crude oil to go from $105 to $45?

If similarities between the 5 major spikes in the price of gold since 2001 were applied to the 5th price spike (August, 2011) going forward it would not be unreasonable to expect a spike to $2,600 in June or July of this year and another spike - to somewhere between $4,700 and $5,050 - in January/February of 2015.

The price of gold, on a quarterly basis, is 86% correlated - yes, 86%! - to total government debt going back to 1975... and a shocking 98% over the past 15 years! [As such,] it would seem like a no-brainer investment thesis to buy gold... as a proxy for the not-otherwise-investable thesis that US total government debt will increase in the future. [But there is more - and it is disappointment for gold bugs - read on!]

Please read the referenced articles below with an open mind, and only then reach your own conclusions. [Yes, you are being challenged again to 'think for yourself' - and invest accordingly.] Words: 699

$10,000 (U.S.) gold [is] a gold bug’s dream come true [but] investors would be wise to have far have more modest expectations. [Let me explain why.] Words: 1000

To achieve the EW target of $4,500/ozt. on the next upward move [in gold that I laid out in my article Alf Field: Correction in Gold is OVER and on Way to $4,500+!] will require something to trigger substantial new buying of gold. What could that event be? By definition, it will be a surprise to all market participants, a “black swan” event. That doesn’t prevent us from making a guess [and] one likely area from which problems could emerge...[would be] derivatives. [Let me explain why that might well be the case.] Words: 591

With what is happening with the price of gold these past few days it is imperative to take a look at the long and short of it all (the trends, that is). In doing so it shows that we are still very much in a long-term bull market but in a short-term (yes, short-term) bear market. Let's take a look at some charts that clearly outline where we are at and where we could well be going. Words: 625