Feb. 13th 2013
Why Billionaire Jim Rogers Is Hoarding Gold and Silver – Rogers has never been shy about vocalizing his love of precious metals. Though he has some cautionary sentiment about short-term gold prices given their 12-year bull run, the legendary investor still remains optimistic about the long-term future of both silver and gold. Rogers feels that “investors should be loading up on silver and gold coins right now” as he notes that they have surged in popularity and that mints have been consistently selling out of silver coins because investors are worried about the future. But one thing that is very important to note is that these purchases are being made in the form of physical bullion, not investment securities.
Silver Is Probably The Best Asset In The World – For more than a century, the silver price has correlated most closely with a cycle based on the combination of two further statistically significant cycles in silver prices lasting 5.58 years and 31 years, respectively. The next peak in this combined cycle is forecast for July / August 2013, which would imply a new all-time high in the silver price in excess of US $50/oz (the current price is US $31.47/oz.). Having underperformed significantly from their most recent price relative peaks in 2011, the risk / reward trade-off for premier silver mining stocks, like Fresnillo (quoted in London) and Pan American Silver (North America) looks favorable.
Here is The Chart Predicting $200 Silver – Parabolic Up-Trend Channel Suggests Massive Move is Imminent! Today’s chart of the day examines silver’s 12 year logarithmic parabolic up-trend chart that began in 2001. Silver is just now approaching it’s parabolic up-trend line for the first time since 2009, and only 2nd time since 2002. The last time silver touched its parabolic uptrend line the metal rose from 8 to $50 in 3 years. The only other time since 2002 that silver touched it’s vertical up-trend line was in 2003, after which silver went on a tear from $3.50/oz to $21.35/oz over the next 5 years. Silver is now approaching it’s vertical uptrend line near $32. Should the same percentage gain be repeated as the prior two occurrences, silver would need to rise to over $200/oz by 2016-2018.
Metal Surfers & Fed Tidal Waves – 24 Must See Bullets and antidotes of the importance of precious metals in this ever changing and uncertain financial market.
Central Banks Gone Wild: What Can Investors Do? Investing professionals, even the best and brightest, can’t seem to make up their minds whether the U.S. Federal Reserve and its global brethren are the salvation or the doom of capital markets. They’re just trying to survive under conditions they say they’ve never seen before. Investors also should try to find noncorrelated assets, such as precious metals that don’t move in unison with stocks, he said. Correlation has heightened with increased central bank intervention.
Currency Wars To Feed The Gold Bull – In a race to see which country can print money the fastest, should an investor try to pick individual companies or buy gold? Short term, as the charts above clearly show, there is money to be made in selective stock picking. Longer term, I think believe there is a fundamental case to invest in gold as the U.S. dollar’s…
Former Assistant Treasury Secretary Dr. Paul Craig Roberts says, “I think we have three of the biggest bubbles in history. The bond market, stock market and the U.S. dollar . . . and something is going to go.” Roberts thinks, “This is possibly one of the riskiest years in Western civilization.
Gold Bears Out Of Time & About To Pay The Ultimate Price – On the heels of news coming out of Russia about their accumulation of gold, today KWN is pleased to present the most powerful case for gold that Michael Pento has ever written.