The End Of An Era: Gold $2,500, Silver $60 By June 2013 – In a recent interview, Egon Von Greyerz, founder and managing partner of Matterhorn Asset Management, predicted gold reaching levels of $4,000 to $5,000 and silver touching $150 an ounce in the mid-to-long term. He said that in the “next few months, silver should at least double to about $60 by June, with gold around at least $2,500 and possibly a lot higher.” “Technically,” I think gold and silver are likely to turn up next week. Then we’ll see a very, very, very strong move up until at least June. Long-term cycles and other cycles point to exactly the same thing.” He then discussed a range of long-term cycles from month through 21-year cycles, all pointing to a big breakout by June.
The Roadmap To $4,866 Gold Within 2 Years – Our guess would be June of 2013 at $2,603.37 (spike 6) and January of 2015 at $4,865.73 (spike 7). So, should you be surprised if you would see a $1,000 move in gold in the first half of 2013? We think you shouldn’t be… Here’s Why
Why Current Fed Money Printing Will Lead To Higher Gold And Silver Prices – Based on what you might read in the mainstream financial media these days, you may as well stick a fork in the secular gold bull market because it’s all but done (and maybe silver too), but there’s a very good argument to be made for why that is not so. In short, now that the latest round of Fed money printing is causing the monetary base to grow, higher inflation is likely to follow. Then, perhaps suddenly, investors and traders will flock back to precious metals.
Eric Sprott: Central Bankers Are Gaming Gold – Some people may look at the stock market and see economic recovery. Eric Sprott of Sprott Asset Management and Sprott Money looks at myriad other economic indicators and sees an economy still in decline. Despite his suspicions that central banks are keeping gold prices artificially low, he tells The Gold Report that he favors gold, platinum, palladium and especially silver, over the near and long term.
Silver & Gold To Spike As Oil To Surge A Stunning 63% – 82% – Despite the recent wild trading action in gold, silver, and oil, today top Citi analyst Tom Fitzpatrick issued a bullish call for these three key markets and put together several fantastic charts illustrating the reasons for his bullish call. Fitzpatrick believes that the price of oil is set to surge a stunning 63% to 82%, while gold is set to advance $270, and silver back to its all-time highs.
When You See This, You Will Understand the Game Being Played… At Your Expense! Then & Now: The Last Time The Dow Was Here…
The Dow Hits An All-Time High! Translation: A Bubble Is Always Biggest Right Before It Bursts– As you will see below, the U.S. economy is in far, far worse shape than it was the last time the Dow reached a record high back in 2007. In addition, all of the long-term trends that are ripping our economy to shreds just continue to get even worse and our debt just continues to explode. Unfortunately, the Dow has become completely divorced from economic reality in recent years because of Fed manipulation. All of this funny money that the Federal Reserve has been cranking out has made the wealthy even wealthier, but this bubble will not last for too much longer. What goes up must come down. And remember, a bubble is always biggest right before it bursts.
Exposing “The System” – I Googled “financial scandal 2012.” There were over 100,000,000 results. The first is that these “scandals” generate billions in profit for these institutions. The second is that the larger the institution and the more egregious the crime, the lesser the penalty. The third is that major corruption, rate-fixing, and money laundering isn’t prosecuted; it’s always “settled” so it can remain “alleged.” And finally, even if forced to pay a fine, these institutions often get to keep a portion of their ill-gotten gains.
The Dow Is Nowhere Near Its All-Time High… Priced In Gold – This one chart shows all, Tells all!