Gold and silver have been locked in multi-year price channels for a couple of years, so the big question is, What will send gold and silver prices soaring? China has been accumulating a lot of gold over the past decade. Furthermore, no one with any sense believes their “officially” reported reserve numbers, especially since I … Continue reading Here’s What Will Send Gold and Silver Prices Soaring
Regarding gold equities research and gold and silver spot prices, this is what I recently wrote in our July issue in our Crisis Investment Opportunities newsletter: Regarding gold: “I believe that gold will reverse in price closer to the $1,200 level than the $1,175 level.” Four days after issuing that statement, spot gold reached $1,204, … Continue reading What Does Barclay’s $445,000 Gold Equities Research Mean?
The curious nature about interest in gold and silver assets is that interest in gold and silver is always lowest when opportunity is best. Earlier, in February/March of this year, on my, I warned daily of potential deep pullbacks in the asset prices of gold and silver that then materialized. In mid-March as gold/silver prices … Continue reading Interest in Gold and Silver is Always Lowest When Opportunity is Best