I am at a loss for words (something that rarely happens to me) as to why so many in the Precious Metals Sector have become so negative at this juncture in this Historic Precious Metals Bull Market. No doubt, many have “2008-itis”, thinking that the Dow is going to crash.
Back in 2005 I commented in an article that “my investment portfolio is almost exclusively invested in a basket of commodities (gold, silver, potash, uranium and crude oil) of which the bulk is precious metals.
Dollar Inflation remains the driver of the pricing environment for almost everything denominated in U.S. Dollars as long as the Fed continues to monetize debt.
Gold is in an historic Bull Market because most nations are printing their paper currencies like they are going out of style (and maybe they are) as each nation tries to battle off the massive deflationary backdrop of debt that has permeated most of the world. This surge of debt monetization – this devaluing of the U.S. Dollar for one – has set the scene for a parabolic rise in $Gold to $1860, or higher, over the coming months before an intermediate-term correction takes place.
The world of warrants is the undiscovered constellation in the universe of securities. Long term (LT) warrants shone brightly in 2009 – up 242% in U. S. dollar terms – and were up a further 91% in U.S. dollar terms in 2010.
A Gold Bull Market is much like a bucking bronco in the Old West – constantly trying to buck investors out of the saddle – as many in the Precious Metals universe are calling an intermediate-term top for Gold.
More and more economists, analysts and financial writers, 122 in fact, have taken the bold step of projecting the price at which gold will achieve its parabolic peak
It is fascinating to be living during the greatest PM Bull Market in history
THE HUI INDEX~ HOLIDAY FRACTAL SEASONALS
Those in the U.S. power structure know what the plan is should the U.S. dollar fail.