I know a great many people have gotten discouraged during the last 6 months. Many have probably gotten knocked off the bull, and some may even buy into the end of the bull market nonsense that many analysts have been spouting lately.
I can assure you the gold bull is not dead. Human nature
hasn't changed. Bernanke's printing press hasn't stopped. The Dow:gold
ratio hasn't reached 1:1 and the world hasn't solved it's ever growing
Gold just suffered a minor manipulation event after QE4
that drove price back below $1700 and held it there until the dollar
rallied out of it's intermediate cycle low. Then big money manufactured a
stop run at the $1523 level to trigger a climax selling event. They
used that panic to transfer I estimate somewhere between a quarter to a
half trillion dollars worth of shares in ETF's, mining stock, and
physical from weak hands to strong hands.
These players now have huge positions in preparation for
either another leg up, or the final bubble phase of the secular bull
market. If that's the case then gold should rally for about another year
and a half with a final parabolic blowoff top sometime in late 2014 or
A top in 2015 would culminate a 14-15 year trend which is about normal for a secular bull move.
As hard as it is to do right now this is the time traders
need to be positioning for the next, or the last leg up in this bull
For the next couple of days I'm going to make an offer to any expired subscribers, buy one get one free.
Buy a one month subscription and I will give you the second month free.
This should be long enough to get you through the bottoming process and
far enough along to convince everyone the bull market isn't finished.
At that point you can decide whether to let your subscription expire or
Make sure you let me know that you are a returning
subscriber when you subscribe. I will email you instructions on how to
turn off auto renew and get your second month free.