Gold Price Analysis: Closer To A Significant Monetary Event
we could be close to major financial crisis with the monetary system at the center
we could be close to major financial crisis with the monetary system at the center
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…
Gold Price Forecast 2016: The gold price in South African Rand (ZAR) is often a leading indicator for a USD gold price rally, as well as major trouble in the financial markets. A good example of this was around August/September 2001, just before the September 2001 crash (which turned out to be a major turning…
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/Platinum Ratio suggests much higher gold prices are coming There is an interesting pattern developing on the Gold/Platinum Ratio. This pattern is similar to a pattern on the silver chart. Below, is a graphic which features the Gold/Platinum Ratio chart (top) as well as the silver chart (bottom): The graphic is self-explanatory, and…
Below, is an extract of my Gold Premium Update for 23 January 2012: Gold is at a “sweet spot” at a moment; pullbacks should be aggressively bought. It just needs a trigger to launch it for the most spectacular rally since the late 70’s. I believe that trigger is likely to be the crash (or…
Gold Chart Analysis: If the current gold bull market was to follow the timing and extent of the 70s bull market,the gold price would reach $6000 before 2014. See the image (below) or video for more information. Subscribe to my free silver and gold newsletter or premium service. I have also recently completed a fractal…
Gold Big Picture – Gold Comparison Of Now Vs 70s Shows Big Rise In Price Yet To Come The image can be found at my new site: picturegoldandsilver – analysis of gold and silver by using a single image/picture. For more detailed gold and silver analysis subscribe to my premium service. I have also recently completed…
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…
Below is a chart that compares the Rand gold price to the JSE miners (JSE Gold Index): The blue(ish) chart is the Rand gold price and the black one is the JSE Gold Index. I have indicated similar “fractal” positions, which indicate that we are at a point in time where both charts should rise…
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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…
24 June 2010 In a previous article called “Gold, Dow And The South African Rand” (dated 24 May 2010), I stated: “we will probably have more of these scary drops in the gold price as we continue into this volatile phase of the gold bull market. The good news for gold bugs is that we…