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FreedomFirst
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Telegraphing the Turnaround in Gold - Jeff Clark - Casey Research

Look, I'm tired of hearing that gold is about to explode upward, that the bottom has been hit, and the only way now is up. I own gold and silver and I'm not selling, nor am I buying. The problem is that gold should have already skyrocketed from the QEs. Now, that the word 'taper' has been expressed how can gold, now, do better?

If there's a major deflation coming cash will, indeed, be king. And that's what I'm going to accumulate now.

Commented 3969 days ago

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Beginning of the headline :As of last Friday, gold has now fallen as much 35.4% (based on London PM fix prices) over 96 weeks. But if you're like us, you still recognize that the core reasons for investing in gold haven't changed. People who sold their gold recently made a shortsighted decision. Before too long precious metals will rebound—and probably in a big way. But when? Does history have any clues about how long we'll have to wait for that rebound? Perhaps the most constructive way to forecast a turnaround in go... Read More

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