keo

Is the Commodities Bull Market Over?

strong dollar ? where ?

Is the Price of Gold Artificially Depressed?

Some quotes:

"Gold is money. That's it". J.P. Morgan

"Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights." - Alan Greenspan

"Gold still represents the ultimate form of payment in the world. Germany in 1944 could buy materials during the war only with gold. Fiat money in extremis is accepted by nobody. Gold is always accepted." -- Alan Greenspan 1999

"There can be no other criterion, no other standard than gold. Yes, gold which never changes, which can be shaped into lingots, bars, coins, which has no nationality and which is eternally and universally accepted as the unalterable fiduciary value par excellence." - Charles De Gaulle

"There are about three hundred economists in the world who are against gold, and they think that gold is a barbarous relic - and they might be right. Unfortunately, there are three billion inhabitants of the world who believe in gold." - Janos Fekete

I could go on and on....

Headwinds for Gold?

I would definitely include "bank problems and potential systemic crisis" in one of the legs, if not as a separate one...

Gold and Silver Are Still Bargains

"That’s right, silver has to increase by a factor of 8 times in order to reach $135.00, which is its 1980 price, when adjusted for inflation"...

I am bullish on gold & silver, but we have to be fair and mention that the Hunt brothers were needed to reach that top in 1980... I am not sure this will happen again soon.

Gold’s 'Grand' Illusion

Well dirty harry, that's a really good way to make friends with the locals... After your dessert, watch your back, and enjoy your stay on the island...Hope you sleep well.