Precious Metals Outlook For 2015
Will Savvy Investors Gain 60% In Gold? Learn How To Profit From Golds Rebound.
Will Gold Soar To Its $1923 High? You decide
At the time of this writing, gold has rebounded this year. A significant drop in 2013 set a floor of $1172 an ounce and has stood firm even as oil has lost half its value. Gold set record high of $1,923.70 an ounce reached in 2011 and climbing back strong in 2015. That being said, the average investor wonders how gold could take such a dive when it has been used as money and
viewed as a “safe haven” for thousands of years. unanswered question remains, why did gold drop? Some say the Federal Reserve has to protect the illusion of the
“Strong Dollar”…… By any means necessary. Is this truly the case or just market forces at work? Many believe money is earned not created, when in fact money can be created by the Federal Reserve at will without any backing whatsoever. A recent example of the money creation is what is called
Fed’s “Quantitative Easing” a fancy euphemism for inflation or monetization of debt. This policy of monetizing one trillion dollars of bonds annually put pressure on the US dollar, the value of which declined in terms of gold. When gold hit $1,900 per ounce in 2011, the Federal Reserve realized that $2,000 per ounce could have a psychological impact
that would spread into the dollar’s exchange rate with other currencies, resulting in a run on the dollar as both foreign and domestic holders sold dollars to avoid the fall in value. Once this realization hit, the manipulation of the gold price moved beyond central bank leasing of gold to bullion dealers in order to create an artificial market supply to absorb demand that otherwise would have pushed gold prices higher. Manipulation can only last so long, this is the bottom of the market with gold at its mining cost of $1200. Investors are positioning for gold s rebound to $1923 an ounce to gain a staggering 60% profit!