Many events moved the market this month which are all very bullish for gold. In
addition, gold’s leading indicator is currently at a major low area all of which strongly reinforce the likelihood of an upcoming sustained rise. Let us explain.
So say Mary Anne & Pamela Aden (adenforecast.com) in edited excerpts from their original article entitled As Good As It Gets…For a Buy.
[The following is presented by Lorimer Wilson, editor of www.FinancialArticleSummariesToday.com and www.munKNEE.com and the FREE Market Intelligence Report newsletter (sample here – register here).]
The Aden sisters go on to say in further edited excerpts:
Many events moved the market this month:
- Gold demand was stable [which is a positive for gold].
- Gold is getting a boost from the weaker U.S. dollar…and, since gold and the U.S. dollar generally move in opposite directions, this is very bullish for gold.
- The Fed’s QE stimulus is currently expected to continue well into 2014 which is very bullish for gold.
- Every time Congress raises the U.S. debt ceiling, as it has just done, gold tends to rise.
Growth In National Debt Is 86% Correlated to the Price of Gold! Got Gold?
Comparing Gold’s Current Rise to the 1970s
[That being said,] while gold has been much stronger than most currencies over the past 12 years, it still hasn’t compared to (continue reading here)
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‘FEDERAL RESERVE’ ACCUSED OF EMBEZZLING ONE TRILLION DOLLARS ANNUALLY
Amended Complaint Federal Reserve Whistleblower
Published by Oldereb:
The Federal Reserve (FRBNY and BOG) are accused of hiding a trillion dollars annually using their exclusive handling of records and disbursement of the Treasury security auction accounts. The Amended Complaint filed in a whistleblower suit in Federal District Court alleges the BOG is operating as a government contractor as defined by the Supreme Court and not as an agency. Further, their violation of the law that all profit of the Fed belongs to the government is alleged to negate any claim to government immunity.’
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