Gold is going higher, much higher. It’s going higher because government treasury departments are moving away from quantitative easing involving bonds, and towards QE involving gold. The gold bears will be destroyed, and everything they made you afraid of will seem ridiculous, in hindsight.There will be no currency war, but there will be co-ordinated devaluation of all G20 currencies against gold, just like there was in the 1930s. I consider the idea that the gold bull market is over to be “beyond ridiculous”. I would argue that for all practical government intents and purposes, it’s barely started. Silver fans can click here now. Investors should key off the gold chart for buy & sell signals, but there is no question that the 14,7,7 Stochastics oscillator suggests silver is poised to begin a nice move higher.
Silver Investors Should Key Off The Gold Chart
- With The Continued Volatility in Silver & Gold, Should I Buy, Hold or Sell?
February 19, 2013 1:04 pm est