9 Exciting Gold And Money Charts
Some very bullish charts for gold. While these charts have a bullish bias the fact remains, long term gold should rise because the Fed and other central banks around the world have been printing money to no end.
Here are a couple charts that I found interesting.
If I were involved on the Fed side of things I would be in an absolute panic mode if the top chart even hints at reversing.
Think your making a big miscalculation Cory…..increased liquidity is being off set by higher taxes which is not creating the Inflation trade gold enjoyed during the first Q1-2…have a good look at your first chart, even a blind man can see all increased liquidity has done is inflate US equities and that big turn down in Gold and big up swing in the S&P started with QE3…capital around the world has been flowing into Us equities…what remains to be seen is if this current sell off in US equities continues or just forms another bottom creating yet another run to new highs….if gold is really in the next bull run phase it needs a weekly close above $1372 ASAP….until then higher gold calls are just hot air opinions!
Nice thoughtful post jj. I am kinda in the Rick Rule camp with gold/silver…..a saucer bottom. We did not get the panic spike bottom, so no spike up. Thus far only a very slow loss of confidence in the US$, until this really takes hold it’s difficult to expect a big move up in the PM’s. Plus, if Mr. Margin starts to call the stock market?………….everything will get sold.
Comment on that also from Rick, Chris.
I really got excited when i looked at the HUI and XAU today…thought I was on the downside of a roller coaster. physical not much better either.
Got a comment on that from Rick.
Equity sell off continues, long treasury yields down, Ukraine heating up again and gold and silver are off a bit???
What gives?
Any info on Aurcana. Seems like Lenic has them in DOG HOUSE.
Similar size 2014 silver eq. oz’s, companies trading twice as high.
Is Lenic nothing more then a promoter with no managerial skills ??
The seasonality chart supports Gary’s timing for PMs to start rising in June. The top chart above shows how hard the Fed has worked to get QE and such to go into the stock markets instead of the PM markets. If this reverses will the Fed think of a reason to withdraw QE because it is going into PMs? PM taxation or outright outlawing the ownership of investment gold? IMHO, to some degree, yes.