This page has been archived and commenting is disabled.
The REAL Flight to Quality Trade (It Ain’t Dollars)
While the
whole world seems to have turned against Gold in the last month, I’d like to
note that this latest pullback in the precious metals’ space has given us an
extraordinary opportunity to load up on premium quality inflation hedges at
bargain basement prices. It’s also told us the following:
1) Gold
is now THE flight to quality trade
2) The
bull market in inflation hedges is nowhere near over
Regarding
#1, note that while Silver and other commodities fell off a cliff, Gold held
strong during this correction:
As you can
see, Gold bounced hard off its first support line. It has since resumed its
uptrend. The same is true of the entire mining complex:
As you can
see, the entire mining complex actually bounced of its former highs
(established in 2008). This is a MAJOR signal that the bull market in inflation
hedges is nowhere near over.
If anything,
it illustrates that the next leg up is about to begin!
However,
while the entire mining sector has been relatively resilient during this
pull-back, individual players in the mining space have been positively
hammered. And this has given us a fantastic opportunity to buy premium quality
inflation hedges on the cheap.
On that
note, if you’ve yet to take steps to prepare your portfolio for the coming
inflationary disaster, our FREE Special Report, The Inflationary Disaster explains not only why inflation is here
now, why the Fed is powerless to stop it, and three investments that absolutely
EXPLODE as a result of this.
All in all
its 14 pages contain a literal treasure trove of information on how to take
steps to prepare AND profit from what’s to come. And it’s all 100% FREE.
To pick up
your copy today, go to http://www.gainspainscapital.com
and click on FREE REPORTS.
Good
Investing!
Graham
Summers.
PS. We also
offer a FREE Special Report specifying exactly how to prepare for the coming
collapse in the US stock market (inflation will NOT be positive for stocks for
much longer).
I call it The
Financial Crisis “Round Two” Survival Kit. And its 17 pages contain a
wealth of information about portfolio protection, which investments to own and
how to take out Catastrophe Insurance on the stock market (this “insurance”
paid out triple digit gains in the Autumn of 2008).
Again, this
is all 100% FREE. To pick up your copy today, go to http://www.gainspainscapital.com
and click on FREE REPORTS.
- advertisements -
except the Federal Reserve. They hold no gold. It was admitted during testimony just this past week
Tungsten Bitchez!
How's the snake cage business? LOL!
LOOOOOOOOOOOOOOOOOOOOOOOOOOl
On that note, if you’ve yet to take steps to prepare your portfolio for the coming inflationary disaster, our FREE Special Report, The Inflationary Disaster explains not only why inflation is here now, why the Fed is powerless to stop it, and three investments that absolutely EXPLODE as a result of this.
All in all its 14 pages contain a literal treasure trove of information on how to take steps to prepare AND profit from what’s to come. And it’s all 100% FREE.
To pick up your copy today, go to http://www.gainspainscapital.com and click on FREE REPORTS.
Good Investing!
Graham Summers.
PS. We also offer a FREE Special Report specifying exactly how to prepare for the coming collapse in the US stock market (inflation will NOT be positive for stocks for much longer).
I call it The Financial Crisis “Round Two” Survival Kit. And its 17 pages contain a wealth of information about portfolio protection, which investments to own and how to take out Catastrophe Insurance on the stock market (this “insurance” paid out triple digit gains in the Autumn of 2008).
Again, this is all 100% FREE. To pick up your copy today, go to http://www.gainspainscapital.com and click on FREE REPORTS.
Who cares what the paper assets do. If you don't own physical metal then you are at the mercy of others.
In any case, the second graph (GDX) is misleading as it does not go to Friday June 3rd. If it did, what you would see is the fact that the GDX fell through that line you see in the graph (which is 54.89 I think) and bottomed at 53.37 before bouncing again.
Frankly, this is just shoddy graph manipulation. This just makes me want to junk the article.
That would depend upon the turn around time, both of the author, and this web site. A 24 hour delay is not evidence of dishonesty, and not very surprising when it spans Friday to Saturday.
Plus, despite being somewhat of an entrepreneur, the author has always been a straight shooter, and I like his work.
Leaving out a break of the trend line does not weaken his overall argument, unless you still believe in the trend line fairy in this abomination of a market?
I should also add that it's awfully convenient for this argument that the first graph is in normal scale and the second is logarithmic. Apples to Apples. That's all I'm asking for.