Commodity Trade Mantra

Posts Tagged ‘Bull Market for Gold’

Here's How High Gold could go as this Bull Market Gains Momentum

It’s not uncommon for gold to spike and retreat in the midst of a sustained bull run. That means gold could retreat below $1,100, and it wouldn’t be unusual. Does that mean you should wait for a correction before buying anything? No. Buy on down days for gold, certainly. But if you wait for a correction and it doesn’t happen, you’ll be kicking yourself later.

A Perfect Storm Brewing for Gold Prices to Storm Ahead

So far this year, gold prices have moved up by just under 30%. There appears to be solid, market-based support for gold prices. New gold supply is contracting. Plus, there’s continuing demand for gold from China & the U.S. for investment reasons. I think in this cycle, gold prices will ultimately set an all-time high. There’s still a tremendous amount of debt in the system.

Dump Dollars - Buy Gold, Say Global Monetary Elites. What's Holding You Back?

The super rich and the elites are now selling stocks and buying gold. And for good reason. Gold has fundamental support from Chinese and Russian efforts to get away from the dollar system. It also has technical support from scarcity on the physical supply side. Gold is flying off the shelves. When elites say dump dollars and buy gold, what are you waiting for?

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