23.10.2014 - Gold and Silver Timing is Everything
Timing is everything in investments, and after watching the precious metals markets for the past three months, since the publishing of his last article at the June lows, Peter draws the conclusion that gold bullion and gold mining stocks have finally bottomed and are ready to resume the bullish trend than began twelve years ago. The fundamentals support an end to the correction that began in September of 2011: 1. Asian and Russian banks continue to accumulate gold faster than mines can produce this precious metal. 2. Western nations are running ongoing Federal Deficits. Deficits are always covered with printing press money. This ‘currency destruction’ causes investors to add gold and silver to their net worth...............................................Full Article: Source
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