“The yellow metal is down 24 percent from its highs. Is this the end of the gold bull? Or is it a temporary correction?
“I believe it’s temporary! In fact, I expect to see huge amounts of capital flowing back into gold, taking the prices far above their previous highs. Here’s why!”
We’re only 4 months into 2013, and we’ve already had a series of historic financial crises.
Investors have been bloodied in multiple markets. And the battering hasn’t yet run its course.
For maximum success in our investing, we need to anticipate the strongest trends, and get in front of them. Right now, one of the largest global trends is…
Investors are scared, and rightly so. Even the assets that used to be safe are risky now.
Nevertheless, wherever there is danger, there is also opportunity. When oceans of capital move from market to market, there are big winners and big losers. If we want to flourish as investors, we need to follow the money. We must anticipate where it’s going, and get there first. That’s when tremendous profits can be made.
Right now, the world is awash in liquidity that’s flowing from one asset to another. The markets are scared and confused. That’s why we’re seeing such truly bizarre events, like a crash in the price of gold even as global central banks have printed almost $17 trillion (!) in new money. [Read more…]