Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench

Get Your Hands On Precious Metals and Natural Resources Before The Masses

IMG Auteur
Published : January 23rd, 2013
582 words - Reading time : 1 - 2 minutes
( 7 votes, 4.9/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...

 

 

 

 

Despite current weakness in gold (GLD) around the $1650 area we expect a turnaround in gold with a new leg up to $1800 area and eventual breakout at $2000 in 2013. Taking inflation into account over the past forty years gold may have much further to go. Inflationary forces continue to rise globally on the back of worldwide stimulative moves most notably by the Europeans, Americans and Japanese. This move could reverse the undervaluation of the junior gold and silver miners (SIL) who have not been keeping pace with bullion over the past two years. Increased amounts of participation from funds seeking alternatives may look to the undervalued miners for leverage.


The media reports exaggerate the minority in the Fed who are pushing for a purported exit from quantitative easing. However, the majority of our bankers, politicians and central banks around the world have flooded the markets with fiat currency and quantitative easing.


This may be why Germany is transferring $36 billion worth of gold from Paris and New York to Frankfurt. They want to make sure they have it in their own hands should an downward inflationary spiral intensify.


This may be teaching us get your hands on precious metals and natural resources while you can.








An inflationary rally may be beginning as silver (SLV) and platinum (PTM) begin to outperform gold. For weeks platinum (PPLT) was cheaper than gold. This turned out to be a discount opportunity as platinum is now higher than gold. The recovery in China is supporting the auto industry where GM sells more cars in Asia than in the United States.








This may be indicating an inflationary rally as platinum is used both as an industrial metal and as a monetary metal. Mine supply is limited as over 90% of current supply comes from unstable jurisdictions such as South Africa and Zimbabwe.








Also keep a close eye on the uranium miners (URA) where we are seeing increased M&A activity and the return of the nuclear renaissance as countries such as China, Japan Russia and India move full speed ahead. The uranium miners closed above the 200 day moving average today which is an indicator that tracks the long term trend. We may be witnessing a major reversal in the beaten down and forgotten nuclear sector (NLR) as major capital is flowing in through acquistions of undervalued assets.


The dollar (UUP) and the yen (FXY) may fall into new lows under record stimulus from central banks placing further inflationary pressures to boost commodities (DBC). Too much paper will begin chasing too few goods. Be prepared as there is a lot of cash on the sidelines to chase the tiny junior mining sector.








Around the world gold and the miners have outstripped every competitive currency for the past ten years, yet the mainstream media fails to understand the importance of owning gold and the gold miners (GDX). Recently we have been in a sideways basing period in gold where the price has bounced between $1800 and $1550. Gold may now be forming the base for a major breakout at $1800 as the U.S. deals with record deficits and soaring entitlements.








For the past ten years gold and wealth in the earth have been the place to be yet the masses have still not yet participated. This recent consolidation like 2008 may prove to be a great discount opportunity in not only gold but in platinum, silver and the undervalued junior miners. Time to get in before the masses?

 

 

Companies Mentionned : Bullion | Gm | Metals X |
Data and Statistics for these countries : China | Germany | India | Japan | Russia | South Africa | Zimbabwe | All
Gold and Silver Prices for these countries : China | Germany | India | Japan | Russia | South Africa | Zimbabwe | All
<< Previous article
Rate : Average note :4.9 (7 votes)
>> Next article
Gold Stock Trades Editor Jeb Handwerger is a highly sought-after stock analyst syndicated internationally and known throughout the financial industry for his accurate and timely analysis of the equities markets, particularly the precious metals sector. Subscribe to his FREE Newsletter right now at: http://goldstocktrades.com.
WebsiteSubscribe to his services
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
Gold Surges Another 7% This Week...
12 Febovertheedge
"Buyers should be getting into position to buy on the next dip." Gold is up something like 16% so far this year. Should'a bought when it wa...
Here We Go Again: Banks Are Impl...
12 Febsonora69
What is going to happen NEXT Monday? The Shanghai markets are closed all this week for the Lunar New Year. Monday morning ( or Sunday night U.S. t...
First Report since April, 2014
05 FebAndy_K1
Jason, One of your articles written way back is one of the reasons I started paying attention to silver and shortly thereafter started to ...
Something has Changed in Gold St...
06 Febneville
No nothing strange has happened in GOLD stocks....absolutely nothing.....The fact of the matter is that you byrne have been playing the man and...
The Revisionist Theory and Histo...
05 Febovertheedge
"The key is in the hand of the U.S. government. It is the same key that was used to lockthe U.S. Mint to silver in 1873, and to gold sixty years la...
First Report since April, 2014
05 FebS W.1
Here I was just 2 days ago thinking whatever happened to that evangelical silver guy. Low and behold up he springs, like some spirit from the g...
LBMA Silver “Price”: A Perfect S...
03 FebS W.
There is no doubt that the Comex can be used as a casino for those who want to trade Silver up/or down or maybe some just wish to take a small punt...
LBMA Silver “Price”: A Perfect S...
30 JanOzSILV1
Bron refuses to EVER admit this market is a Casino and the disconnect between Paper and Physical is a big clue to this
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Mining Company News
Lara Expl.(Cu-Zn-Au)LRA.V
Revised Resource Estimate Report Filed for Maravaia Copper Gold Deposit
CA$ 0.34+1.49%Trend Power :
Corporate news
Black HillsBKH
Black Hills reports 4Q loss
US$ 51.64-2.75%Trend Power :
Corporate news
Kinder Morgan(Oil)KMP
Midstream Companies Were above the 20-Day Moving Averages
US$ 102.03+1.98%Trend Power :
Corporate news
Kinder Morgan(Oil)KMP
Midstream Companies Were above the 20-Day Moving Averages
US$ 102.03+1.98%Trend Power :
Corporate news
Devon Energy(Ngas-Oil)DVN
Gasoline Inventories Rose Last Week despite Fall in Production
US$ 21.69+2.07%Trend Power :
Corporate news
United States Steel(Fe-Sn)X
U.S. Steel (X) States Ratification of Labor Agreements
US$ 7.40+8.35%Trend Power :
Corporate news
Black HillsBKH
4:34 pm Black Hills Corp beats by $0.04, misses on revs; guides FY16 EPS below consensus
US$ 51.64-2.75%Trend Power :
Corporate news
Black HillsBKH
Black Hills Corp. Reports 2015 Fourth Quarter and Full Year Results
US$ 51.64-2.75%Trend Power :
Corporate news
Transcanada PipelinesTRP.TO
TransCanada to Sign Substantial Agreement to Benefit Québec Economy
CA$ 48.65+0.16%Trend Power :
Corporate news
Devon Energy(Ngas-Oil)DVN
4Q15 Crude Oil Prices: Fallout for the Energy Sector and SPY
US$ 21.69+2.07%Trend Power :
Corporate news
Comments closed