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GoldcoPreciousMetals
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Big Picture: Most Important

- Mary Anne & Pamela Aden - Aden Forecast

Goldco Precious Metals agrees with this article - also, we'd like to add that even though there may SEEM to be bad news surrounding precious metals, there's still some interesting things going on with gold. Globally, central banks purchased 118 tons of gold in the second quarter of 2014, which represents a 28% increase since 2013. Also good news, the World Gold Council has said that it does not expect any of these central banks to sell any significant quantities. This is more good news for folks looking to rollover portions of their IRAs into gold and silver.

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Beginning of the headline :With gold again on the decline, it's time to take a look and focus on gold's big picture. This eases a lot of doubt, especially when companies like Goldman Sachs are bearish on commodities. We'll focus on silver and palladium too. GOLD: Still looking good Looking at gold's big picture since 1968, you'll see what we mean. Chart 1A shows that gold's decline of the last few years looks small in the big picture, within the mega uptrending channel since 1968. Note that gold has had two majo... Read More

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