Gold Price Forecast: Will the Golden Wedge Resolve Soon?

The pressure on the current monetary establishment has been building steadily. Just because gold and silver has not made a major move up, does not mean that the terminal illness of the international monetary system has now gone away. On the contrary, its imminent demise is now more certain, given the various financial confirmations (see…

Not Enough Gold To Pay All Holders Of Gold Obligations

It is often reported that governments and central banks have for years leased or sold their gold to bullion banks; therefore, they are unlikely to possess the tons of gold, they are said hold. Also, the bullion banks seem to be under enormous pressure recently. Just look at the recently reported spike in the gold coverage ratio on COMEX, with, there being over 200 ounces of paper gold claims for every ounce of deliverable gold (as reported on zerohedge.com)

Gold Update

Below is my 16 March 2011 gold update, to give you an idea of my premium subscriber service. My gold updates are $10 per update. If you are interested or would like to know more, you can contact me via email. I have just issued an update on gold and silver, today. Warm regards Hubert…

Gold Update 28 July 2010

The month of July has been quite an uncomfortable month in the gold market. The gold price has dropped a whopping $80 since 30 June. Despite this big drop, the formidable uptrend in the gold price is still well intact. Therefore, I believe there is no need to panic. Before I look at where I…