The Bottom Is In – Each day that passes, it appears that Jim Sinclair’s prognostication that the BOTTOM IS IN appears more likely. No matter how hard the Cartel tries, the rock-solid two-year support levels their own suppressions have created grow stronger…
Key Chart As Gold, Silver & HUI To Have Massive Advances – For those battle worn precious metals warriors the charts are telling us when the next big move will begin and when it will accelerate. The charts always know. I do believe that just as many gold aficionados are convinced the war is lost this chart of the HUI is telling us the bottom is in. The LTD’s are our cryptanalysts. They tell us ahead of time approximately when tops and bottoms will occur.
Industrial Uses Forecast to Boost Demand for Silver – Industrial demand for silver has increased substantially over the past two decades and is expected to soar to a new record level in the coming year. As industry continues its wide-ranging use of silver, investors are also increasingly acquiring silver bullion, seeking the safety of the precious metal as a store of value. Investor demand for silver can be seen in the record-shattering sale of 7.5 million American Eagle Silver Bullion Coins by the U.S. Mint in January of this year. In fact, over the first two months of 2013 investors purchased 10.9 million American Eagle Silver Bullion Coins, up by 43 percent over the sale of the coins in the first two months of 2012.
One Of Legendary Jim Sinclair’s Boldest Predictions Ever – Jim Sinclair, who emphatically stated, “Gold is about to take out $1,600.” Sinclair then boldly predicted, “We may never see that $1,600 level ever again.” If that prediction from Sinclair turns out to be true it will go down as one of his greatest calls in history.
Here’s Why Now Is The Best Time To Buy Gold! – Jim Bianco, president at Bianco Research, talks with Bloomberg’s Mark Barton about the gold market and why now is the time to buy Gold!
U.S. dollar’s share of central bank reserves falls to 54% in 2012: World Gold Council – “Gold has a deep and liquid market with no credit risk, making it one of the most attractive assets for central banks to consider as they diversify away from the U.S. dollar and euro,” Data showed a significant shift away from the U.S. dollar over that 12-year period, and the share of “other” currencies in reserves has tripled in absolute terms since 2008, it said.
2013 Will Go Down In History As THE Best Buying Opportunity for Gold & Silver Metals and Stocks – Ever! – The precious metals complex is arguably at its most bearish sentiment since the start of the bull market 12 years ago. Either the bull market is over or this will prove to be a tremendous buying opportunity. It’s clear that anyone who doesn’t believe in Gold for the long-term has sold and judging from the sentiment indicators, Gold is now in much stronger hands than when it was trading at these prices at the 2012 and 2011 lows.
Despite all of the bearish sentiment, the panic and bad-mouthing, Gold (and Silver) has maintained its consolidation. Thus, if Gold is able to hold this support and turn higher, it should approach $1750 to $1800 faster than one would think. This year will go down in history as one of the best buying opportunities for both the metals and the stocks
This Chart Proves the Mainstream Media is Lying About Unemployment – Headlines all over the nation boldly declared that “236,000 jobs” were added to the economy in February, but what they didn’t tell you was that the number of Americans “not in the labor force” rose by 296,000. And that is how they are getting the unemployment rate to go down – by pretending that huge numbers of unemployed Americans don’t want jobs.
Sadly, as you will see below, the truth is that the percentage of working age Americans that have a job is just 0.1% higher than it was exactly three years ago. And we have not even come close to getting back to where we were before the last economic crisis. For example, more than 146 million Americans were employed back in 2007. But today, only 142.2 million Americans have a job even though our population has grown steadily since then. So where in the world is this “economic recovery” that they keep talking about?
Debt In America – An Infographic