It’s just a matter of time before $1,000 becomes the floor price for gold.  Once gold breaks above the $1,000 per ounce psychological resistance level, the sky is the limit.  Gold could easily hit $1,200 or even $1,300 per ounce by year end.  But you must act fast, because you may never see gold under $1,000 per ounce again.  Investors that position themselves correctly today will have the opportunity to make 100% or more gains in the months ahead.  Let me explain why… Read the full story

From 1980 until 2001, there was a deep bear market in precious metals and most other natural resources. Commodity prices were under constant pressure, and as the years dragged on, many of the companies that mined and produced natural resources went out of business. The larger mining companies were able to weather the storm, but with little incentive to find new resources, they cut their exploration staffs to the bone. Read the full story

There are a lot of reasons why investors and institutions buy gold. It has no counterparty risk. It’s the premier hedge against inflation. And it’s a safe haven in a sea of financial turmoil.

But there is really only one reason why the price is going up… because the demand for the metal is significantly outpacing the supply. And every indication points to the situation becoming even more acute in the months and years ahead. Read the full story