Not exact matches
Gold (FOREX: XAUUSDO) now has three green Trade Triangles indicating that it's ready for the next upward leg
in this long -
term bull market.
1) The start of the 11 - quarter
bull market 2) The RSI indicator moves to its highest levels
in 3 years 3)
Gold is 2 quarters into a long -
term bull market
We are not perma -
bulls and do not consider ourselves «
gold bugs», we simply see
market conditions as bullish for
gold in the longer
term.
In particular, in gold terms silver is now almost as cheap as it was in early - 2003 (2 years into the most recent previous bull market), which means that it is close to its lowest price of the past 20 year
In particular,
in gold terms silver is now almost as cheap as it was in early - 2003 (2 years into the most recent previous bull market), which means that it is close to its lowest price of the past 20 year
in gold terms silver is now almost as cheap as it was
in early - 2003 (2 years into the most recent previous bull market), which means that it is close to its lowest price of the past 20 year
in early - 2003 (2 years into the most recent previous
bull market), which means that it is close to its lowest price of the past 20 years.
The following monthly chart shows that relative to a broad basket of commodities *,
gold commenced a very long -
term bull market (47 years and counting)
in the early - 1970s.
Given that there are good reasons to expect
gold to resume its long -
term bull market in the not - too - distant future, why do so many bullish
gold analysts argue their cases using the equivalent of fairy stories?
Domino # 2:
In a long -
term bull market until October 2012,
gold has been variously viewed as the «barbarous relic,» the only «true» currency and the ultimate «safe haven» against both currency collapse and runaway inflation....
As long as central banks around the world continue to print money and expand their balance sheets
gold and silver will remain
in a long -
term bull market.»
As long as central banks around the world continue to print money and expand their balance sheets
gold and silver will remain
in a long -
term bull market.»
As far as long -
term investors are concerned the
gold story is therefore a simple one:
gold will be
in a
bull market when confidence
in the financial establishment (money, banks and government) is
in a bear
market and
gold will be
in a bear
market when confidence
in the financial establishment is
in a
bull market.