The unintended consequences of five years of QE are coming home to roost! In May or early June the stock market parabola will collapse...followed by a massive inflationary spike in commodity prices - particularly gold & silver - that will collapse the global economy.
Read More »$1,300-$1,400 Gold Is Unsustainable In the Long-term – Here’s Why (+2K Views)
we believe that gold staying between $1,300-$1,400 is unsustainable in the long-term. The price might drop down temporarily, but the economics don't lie. Miners have to turn a profit in producing gold, and they can't do it at the current price if gold grades continue to decline and new discoveries aren't found and put in the pipeline.
Read More »James Rickards on $7000 – $8000 Gold (+4K Views)
You are going to see the price of gold go up… a lot and it may go up a lot in a very short period of time. It’s not going to go up 10% per year for seven years and the price doubles. It’s going to chug along sideways, maybe in an upward trend, with a lot of volatility. It will have a kind of a slow grind upward… and then a spike… and then another spike… and then a super-spike. The whole thing could happen in a matter of 90 days — six months at the most.
Read More »Gold Price Forecasts (Update): $5,000 to $11,000 In 2 to 5 Years (+12K Views)
During 2011 into 2013 I kept a record of those individuals who expected gold to rise substantially in the coming years and presented updated summaries in a number of articles (see links below). Below are additional or recently updated forecasts by 11 prognosticators whose projections are surprisingly consistent, on average, with previous such estimates.
Read More »Gold: These Charts Say It All! (+7K Views)
The following 27 charts provide a historical perspective on Gold in and of itself and its relation with Debt, Inflation and other factors. Anyone interested in gold should look at these charts.
Read More »These 5 Events Will Lead to Higher Gold & Silver Prices (+3K Views)
It is my contention that the move in precious metals...[from] late 2008 through 2011 was largely a result of the expansion in central bank balance sheets and the perceived threat of runaway inflation. Since 2011, [however,] we’ve seen economic growth improve and inflation rates across the globe subside. As a result, investment banks and market strategists are arguing against owning gold, and making the case that, with a lack of inflation and an improved economy, the need for owning gold as an insurance hedge against inflation and currency debasement is no longer present. I strongly disagree.
Read More »Different Ways to Invest in Gold and The Pros & Cons of Each (+2K Views)
Below is an infographic illustrating the different forms of investing in gold and their pros and cons.
Read More »A Close Look At the Relationship Between Gold & Silver (4K Views)
Until the crisis in the international monetary system is resolved, the monetary aspect of silver will dominate its industrial aspect, and gold will keep its leadership role. As the silver price goes up, the more the industrial demand will decline, while the monetary demand will rise. The question is, in what proportions will this happen. Central banks and sovereign funds will dominate the gold market, whereas private investors will mainly dominate the silver market. There is no central bank that I know of that is buying silver today for its monetary reserves. Gold remains mainly a monetary metal, whereas silver has, above all, become an industrial metal that, in a monetary crisis like today's, can play a monetary role, as "poor man’s gold".
Read More »China GROSSLY Understates Its Gold Reserves! Here’s Why & What They REALLY Are (+3K Views)
Today China came out with their Central Bank Gold Holdings reporting 1054 tonnes but this is impossible. Here is why.
Read More »Gold is to the State what Sunshine was to Dracula! Here’s Why (+2K Views)
The $650 decline in the price of gold since it hit $1900 in September 2011 is the result of a manipulative effort designed both to protect the dollar from Quantitative Easing and to free up enough gold to satisfy Asian demands for delivery of gold purchases.
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