Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Moses (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Can Gold Fly Under the Radar?

% of readers think this story is Fact. Add your two cents.


Gold is currently brushing aside seemingly bearish gold news revolving around Bin Laden’s death and moving higher. This rally in gold has a lot more to do with the debt crisis than terrorism. Commentators predicting gold’s demise based on recent events are just proving how clueless they are.

Since silver’s huge run-up, gold has looked a lot more attractive to me on a relative basis. In recent weeks, gold has not surprisingly played “catchup” to silver. With the spike rally in gold this morning, it appear $1600 is coming very soon. While I still feel a lot more comfortable being long gold than silver right now, if gold continues to rise while silver consolidates, I will probably shift my allegiance to silver in the short to medium term.

As I said while silver was rising rapidly, consolidations are very constructive for bull markets. As a precious metals investor, I would much rather see consolidations than parabolic rallies; it is not even close. Take a look at gold’s latest rally- it came off the back of consolidation. Gold has been building up energy for this rally for 6 months. In my opinion, this rally still has legs.

 

Based on recent events, gold and silver may move in the background. This is a positive. I recall how much fanfare there was when gold first hit $1,000. At the time, I felt a nice good correction would do gold some good. The correction came and most people decided to forget gold while the smart money was building a position. The best thing for gold right now is if people ignore it even as it hits record highs. As I’ve said before, gold is very undervalued using objective metrics that are more sophisticated than the classic “gold went up $1,000 so it’s too expensive” arguments. There are still years left in this bull market in my humble opinion.

It appears as if we are entering a period of extreme volatility. The 2nd half of 2011 into 2012 should be very interesting. None of our debt problems have been solved and we are entering an election year. We shall see if the average person believes there is an economic recovery or not. Civil unrest should be a concern in America in 2012.

Can Gold Fly Under the Radar? is a post from: Expected Returns


HTTP://expectedreturnsblog.com

Read more at Expected Returns



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Humic & Fulvic Liquid Trace Mineral Complex

HerbAnomic’s Humic and Fulvic Liquid Trace Mineral Complex is a revolutionary New Humic and Fulvic Acid Complex designed to support your body at the cellular level. Our product has been thoroughly tested by an ISO/IEC Certified Lab for toxins and Heavy metals as well as for trace mineral content. We KNOW we have NO lead, arsenic, mercury, aluminum etc. in our Formula. This Humic & Fulvic Liquid Trace Mineral complex has high trace levels of naturally occurring Humic and Fulvic Acids as well as high trace levels of Zinc, Iron, Magnesium, Molybdenum, Potassium and more. There is a wide range of up to 70 trace minerals which occur naturally in our Complex at varying levels. We Choose to list the 8 substances which occur in higher trace levels on our supplement panel. We don’t claim a high number of minerals as other Humic and Fulvic Supplements do and leave you to guess which elements you’ll be getting. Order Your Humic Fulvic for Your Family by Clicking on this Link , or the Banner Below.



Our Formula is an exceptional value compared to other Humic Fulvic Minerals because...


It’s OXYGENATED

It Always Tests at 9.5+ pH

Preservative and Chemical Free

Allergen Free

Comes From a Pure, Unpolluted, Organic Source

Is an Excellent Source for Trace Minerals

Is From Whole, Prehisoric Plant Based Origin Material With Ionic Minerals and Constituents

Highly Conductive/Full of Extra Electrons

Is a Full Spectrum Complex


Our Humic and Fulvic Liquid Trace Mineral Complex has Minerals, Amino Acids, Poly Electrolytes, Phytochemicals, Polyphenols, Bioflavonoids and Trace Vitamins included with the Humic and Fulvic Acid. Our Source material is high in these constituents, where other manufacturers use inferior materials.


Try Our Humic and Fulvic Liquid Trace Mineral Complex today. Order Yours Today by Following This Link.

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.