Back in December, someone pointed out Maund had become bearish.
I recently pointed out that he had then changed to bullish but with a bit of a 2 way bet.
Now he has gone back to strongly bullish with no "but what if's".
http://www.safehaven.com/article/24173/gold-market-update
Worth a look just for the charts.
He finishes off with;
"Conclusion - a major uptrend is just starting in gold, gold ETFs and Precious Metals stocks. Good time to buy if you haven't already."
That's been my sentiment for the last few weeks.
I have stayed bullish on gold when he became concerned based on possible deflation.
I maintain that deflation will simply result in even larger money printing operations forcing the value of currencies down versus the only money not being debased-gold.
Gold should win med-long term in inflation or deflation.
Bernanke has just told us that inflation is the only outcome that will be allowed.
Rickards full audio interview has been released discussing the implications of Bernanke and pointing out Bernanke is targeting higher inflation than what he admits.
http://kingworldnews.com/kingworldnews/Broadcast/Entries/2012/1/28_Jim_Rickards.html
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Last
9.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $61.57M |
Open | High | Low | Value | Volume |
9.3¢ | 9.5¢ | 9.3¢ | $4.369K | 46.76K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 977 | 9.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.6¢ | 5801 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2725 | 0.093 |
1 | 5450 | 0.092 |
1 | 11000 | 0.091 |
1 | 100000 | 0.090 |
1 | 100000 | 0.089 |
Price($) | Vol. | No. |
---|---|---|
0.096 | 5801 | 1 |
0.097 | 39191 | 1 |
0.098 | 185577 | 1 |
0.100 | 47902 | 2 |
0.105 | 2800 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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