Oregonrain

Major Investors Piling into Gold

I have to agree that it looks like gold is going to make a run here. I have been watching for a while now and believe that there are just too many fundamental reasons for it to continue an upward path for a time. This may be an emotional reaction to things but the printing of money eventually will result in some increase if not a large increase in inflation. If you add that factor to the just general factor of "fear and loathing" in the world marts I think it spells a continued upward move for gold.

Disclosure long gold....first time ever.

Peter Schiff: Outlook for the Gold Market

In the short run..I think we will see more downside pressure on gold. In the long run...yeah....its going to go up..a lot. While there is a very good argument that is made by Mr. Commodity Bubble guy in the short term regarding the total destruction of wealth I think that eventually the stimulus will "work." Meaning that the value of all assets will increase again. At that point gold will go up a lot.

I am looking to several "tells" that should allow me (I hope) to move fast. First, when oil prices start to increase. Second, when US housing prices at least slow their rate of decline and finally when the Chines economy starts to take off again. I think they will be in this order or very close to it. China may take off before the US housing market stabilizes.

When these things start to occur it time to jump on gold and commodities.