News-Blog

Could Gold Hit $1900 In 2019 ……

Common Stock Warrants, Dudley's Reports, News-Blog /

May 2, 2019 By Dudley Pierce Baker $1900 gold this year would exceed the wildest imagination of most investors. I do think gold will exceed $1900 in the next two years or so, but this year? In the article I shared with you this morning from Gold Switzerland, they do see the possibility of Gold at $1900 THIS YEAR (2019). “… So the only short term method to predict gold’s next move is looking at gold’s technical picture. This tells us that gold is now in the finishing stages of a corrective move. Once the correction is over and gold breaks the Maginot Line at $1,350, we will see a quick move to $1,600. I would not be surprised to see gold making new highs in 2019 against the dollar, above $1,920. The next move up could start as soon as in the next 2-3 weeks. Possibly, but less likely is that the move starts August – September….” When gold starts to climb to $1500, $1600, $1700, $1800 and $1900 and more, you must know that virtually all resource shares and warrants will be on fire and rising hundreds but probably thousands of percent. Even those dogs and cats which you think are worthless will probably come back to life. Ten baggers, (1,000% or more) will be common place and stock warrants trading on those shares will be 2 times, 3 times or more than just ten baggers. I realize this sounds crazy to you, but this is what is … Continue reading →

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THE GOLD MAGINOT LINE WILL SOON BREAK

Common Stock Warrants, Gold Switzerland, News-Blog /

May 2, 2019 by Egon von Greyerz Why do 99.9% of investors not own gold? Due to my interest and activity, I clearly meet a higher percentage than the 0.1% who both understand and own gold. But I also meet a lot of people who have been indoctrinated by their investment advisors and the media about gold’s uselessness. Most of these people don’t understand gold and don’t know the history of gold, nor its role as money. GOLD IS MONEY So let’s list some of the facts without being too long-winded: Gold has been money for 5,000 years Gold is the only money that has survived in history. In every major crisis, gold has been used as money. In all periods of history, fiat money has always lost 100% of its value. Fiat means money issued by government not backed by anything as opposed to gold or silver. For example, during the Roman Empire the silver coin the Denarius went from almost 100% silver content to zero during a 100 year period. The same has happened to all major currencies today like the Dollar, the Pound, the Yen and the Mark/Euro. Since the creation of the Fed in 1913, all currencies have lost 97-99% against gold. Thus there is only 1%-3% left until they have lost all their value. This is guaranteed to happen in the next 5-7 years as the debt and asset bubbles implode and governments print unlimited amounts of money in a futile attempt to save the … Continue reading →

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