Jason Hamlin

Five Reasons Gold Will Move Higher

I agree that we are likely to get a correction in the near term. However, this could also be the start of a vertical move in precious metals where prices continue making new highs for several months. This happened in 1979-80 and will likely happen again during this bull market. Whether or not we are there is up for debate, but the point is that these type of moves are possible and could care less about technical analysis, overbought conditions, catapult formations or ratios. When a significant amount of money moves into a relatively small market, you can toss all of that nonsense out the window. Time will tell.

Current Gold Price Is Not a Bubble

Agree. Gold is heading much higher. $1350, $1,500, $2,400 and beyond.

I also believe CEF is a great buy at the moment, since they just had an offering and their premium came down. It almost always catches back up in the following few weeks.