How high can the gold price rise ?

World renowned gold analyst Alf Fields explains that we are in the early stages of a massive rise in the price of gold.

Knowledge is power; knowledge is profit

“Manipulation can not last forever against the primary trend. It can happen in the short and medium term, but eventually the facts involved in the primary trend will overwhelm the manipulators” - Alf Fields

What are the reasons for analysts not promoting and advising their clients to buy gold?

Analysts have a low tolerance for conspiracy; analysts like transparency and clear cut facts and figures to determine what companies or products they invest in.  They do not like confusion.  Currently there are conspiracy theories about why gold remains so low on an inflation adjusted basis.

The gold price has been manipulated for ages.  This has been admitted by several monetary authorities.  Even mainstream commentary on CNBC (see video below) has discussed the ongoing manipulation of markets.

 And Goldman Sachs has admitted its software can manipulate markets in unfair ways. 

Why do central banks sell gold into the market? 

The simple answer is that they want to prolong the life of the irredeemable bits of paper that they issue as money.

Gold is produced for accumulation and not for consumption. This makes gold unique. The reason gold is accumulated and not consumed is that over time it retains its value, and historically, in times of trouble, people have used gold to preserve their wealth.  Because gold seems to have limited use - only a little is used industrially, and most consumption is in the form of jewellery, analysts don’t feel they need to be involved. 

Of course this is completely ignoring any investment demand. Most analysts today are young, and very few have been taught monetary history. Very few know the attributes of gold, and as such have no concept of its nature as a store of  value.  There is a huge education problem out there; an extremely widespread lack of financial knowledge, and this has led to a huge investment opportunity in gold.

What is the most important investment factor over the next 3 to 8 years that will create this huge opportunity in gold?

The most likely answer is that the US dollar is not going to be around in 5 years time. And there are several reasons why.  Most of the reasons start with the letter ‘D’ - as pointed out by Alf Fields in the accompanying video below, made in 2005, and starting now to look quite prescient.

• Deficits
• Debt
• Dollar
• Demographics
• Derivatives
• Devaluation
• Deflation
• Dwellings (as in Real Estate)

All of the above contain within them the seeds of an upcoming crisis. As each crisis comes to a head, the most likely response of the monetary authorities is to run the electronic money presses ever faster, thus increasing the money supply in an exponential fashion.

Will it be similar to the hyperinflation period of 1919 to 1923 in Germany?

It only took 4 years for the Germans to wipe out the Reichsmark, and they didn’t have an electronic printing press.

Well, if you follow what Alf Fields has to say, gold appears to be on its way to USD10,000 an ounce.  For gold to head towards USD10,000, the world would more than likely have to experience a systemic currency meltdown.  A systemic meltdown would come about by central banks around the world throwing money at the banks and corporations that are in deep trouble.

As a result of this massive increase in the money supply, currencies would experience destructive downtrends in their values.  Destruction of the value of paper currencies would result in a rapid increase in the gold price.

With gold at US$935 an ounce right now, we are in the early stages of what in technical analysis terms is called Major Wave Three which has an upside objective of $3500.

1. Major ONE up from $256 to $1,015 (actually 4 times the $255 low);
2. Major TWO down from $1015 to $699, say $700 (a decline of 31%);
3. Major THREE up from $700 to $3,500 (a Fibonacci 5 times the $500 low);
4. Major FOUR down from $3,500 to $2,500 (a 29% decline);
5. Major FIVE up from $2,500 to $10,000 (also a 4 fold increase, same as ONE)

While prognosticating on specific prices is a no win game, in the video below Alf has been “on the money” so far in many repsects about the overall themes of this crisis and so his price forecasts really do warrant  some close consideration.  And with the price per ounce still below $1000 it would seem that it is still a good time to buy gold.

http://video.google.com/videoplay?docid=-737911643773862674

China doesn’t trust the US Dollar

The Chinese Premier has announced China is going to use more of their over US$ 2 trillion foreign exchange reserves on aquisition of foreign assets and resources.  Could it be they don’t trust that the US dollar and US treasuries they own will maintain their value in the coming years?  Click here to read the full article.

Have you been disturbed by recent and ongoing events in the financial world? 

• Failures of Bear Stearns, Fannie Mae, Freddie Mac, AIG, Northern Rock.
• Over 30 US bank failures already this year.
• Huge “stimulus” packages applied, to little effect.
• The current recession, more like a depression.

 

Are you bothered by the increasing amounts of debt at all levels in our society?

• US official debt: $11.3 Trillion, with a T. (80% of current GDP)
• Unfunded US national debt not accounted for: more than $50 Trillion
• US Household debt over 100% of US GDP
• Only 3 US states can balance their budgets.

 

Are you worried about how you will fund your retirement?

• Has your 401K become a 201K?
• Is your company pension fund solvent? Do you know?
• Has your state employee pension fund dropped a lot in value?
• Are you looking forward to working into your seventies?

 

Are you looking for a store of value for your savings?

• Currencies can be devalued, gradually over time, or suddenly, by government decree.
• Equity markets are uncertain, at best.
• Money printing now = inflation down the road.
• Real assets, not paper assets, will become increasingly valuable in the future.

 

Would you like to find out more about these issues?

 

Then click here to access your FREE eCourse and learn

“Why and how to invest in Gold”

The Gold Survival Guide eCourse - Introduction

“The Gold Survival Guide eCourse:
Why Gold is your must have insurance and 9 ways to profit from it”

 Introduction:
 
This eCourse has 8 modules from which you’ll learn about the following key areas:  

• The root cause of the current “financial crisis”
• Why it should be more correctly referred to as a “monetary crisis”
• Little talked about details of the global banking system
• How the system is structured to silently steal from you every year
• The history of how the current structure arose
• The role of debt in all this
• Two other factors in play compounding these financial and banking problems
• Golds role as your insurance policy
• The real current value of gold and how to determine its potential future price
• 9 ways to profit from Gold and the pros and cons of each
• How much and what type of Gold you should own depending on your risk appetite

Don’t worry if that all sounds a bit too much to get you head around. 
 

While some of these concepts may be new to you, we’ve purposefully kept them simple and each part is to the point and devoid of any unnecessary fluff. 
 

You won’t read about much of this in the mainstream press and news.  And you certainly won’t have been taught any of these concepts in the educational system regardless of when you went to school or university for that matter!  So please read each module carefully as it will be crucial in ensuring your and your family’s financial survival in the current and ongoing period of significant worldwide change.
 
 
Who are we? 
 
We are 3 Kiwi’s - that’s a local bird and colloquial term for New Zealanders :-)  -  who, in total between them, have spent over 24 years of research and investment in the Gold sector.  We met at an investment dinner and immediately discovered we all shared a similar outlook for where the world was heading. 
 

Over the course of the evening we also discovered we shared a desire to inform others about this and how they too could protect themselves.  So within 2 hours we shook on it and decided to do something about it! 
 

That’s what leads us to be here talking to you today. We write from personal experience and knowledge gleaned from a certain amount of trial and error.  So, over the 8 modules of the course, you’ll hear from all 3 of us, depending on the nature of the topic, and the experience of each of us with it. 
 

The purpose of this course is solely to educate and inform about aspects of today’s financial system that you won’t commonly hear about anywhere else and to help you protect yourself and your family from the ongoing systemic breakdown. 
 
 
Because we wish to develop this venture along lines that will be of interest  to our joint membership, we sincerely encourage your feedback and guarantee that you will receive a response from us.
 

Also to this end, we will be surveying our members at intervals to further find out which aspects of the site you like and which you would like to be further developed.
Please email us at info@goldsurvivalguide.co.nz if you have any queries both during and after the course. 
  

So first up in Module 1,  you’ll learn about the structure of the global banking system and how it naturally results in inflation…
 
 
Remember knowledge is the key to protection and profits!

 

Your partners at GoldSurvivalGuide.com.
Glenn Thomas, David Deutsch and Bill Flinn. 

 

Disclaimer:
We are not certified investment advisers and you should not construe what we write as personal investment advice but rather information of a general nature and as a basis for you to conduct further research.

The options we discuss are ones we have only had personal experience with and have found them to be trustworthy and reputable but of course you should conduct your own research and due diligence before investing any funds. 

We are not owners in any of the companies we refer to; however we may receive a referral fee from them.  If we do we will always be upfront about this.

We do however own shares in gold mining companies and gold bullion ourselves.

Module 1 of 8: How did we get where we are today?

“The Gold Survival Guide eCourse:
Why Gold is your must have insurance and 9 ways to profit from it”

 Today, you’ll learn about the structure of the global banking system and how it leads to inflation…

 

Module 1: How did we get where we are today?

 

You may have heard various reasons as to the cause of the “financial crisis”. The housing bubble, greed, banks poor lending practices, sub-prime mortgages, credit default swaps, derivatives, extended low interest rates, legislative changes like the repeal of the Glass-Steagal Act, lax regulation. Now while these may all be symptoms, they’re not the disease. As you read on you will discover that the root cause of the world’s financial problems are in the Read more

Module 2 of 8: Money is Debt

“The Gold Survival Guide eCourse:
Why Gold is your must have insurance and 9 ways to profit from it”

In today’s module, we’ll discuss the idea of money as debt and the creation of the Federal Reserve “Bank”.

Module 2 of 8: Money is Debt.

When banks create money out of thin air, or in fact by keystrokes on a computer keyboard, they are in fact creating Read more

Module 3 of 8: The Gold Window is closed

“The Gold Survival Guide eCourse:
Why Gold is your must have insurance and 9 ways to profit from it”

To continue from Module 2,  today we look at more recent financial history, including President Nixon taking the World off the Gold Standard, and take a guess, albeit an educated guess, at where we might be headed. Read more

Module 4 of 8: The Perfect Storm

“The Gold Survival Guide eCourse:
Why Gold is your must have insurance and 9 ways to profit from it”

Today, we’ll discuss several “storms” out on the horizon, the reasons for their existence, and some steps that we might take in the way of “hurricane insurance”, to continue the metaphor.

Module 4 of 8: The Perfect Storm

An interesting aspect of the present moment in history is that it heralds the confluence, if you will, of three major currents, which are coming together to create the perfect storm.  Read more

Module 5 of 8: Is it too late to buy Gold?

“The Gold Survival Guide eCourse:
Why Gold is your must have insurance and 9 ways to profit from it”

Today we answer whether gold is still cheap and at which stage we are at in the gold bull market that began in 2001.

Module 5 of 8:  Is it too late to buy Gold?

The price of gold is now roughly the price of the all time previous gold high way back in 1980 when the price reached USD875 per ounce. Of course, adjusted for inflation, $875 dollars then = $2100 dollars now….  So you may be pondering the big question….  Is it too late to buy gold at these prices?   

The Simple answer is Read more

Module 6 of 8: What, Where and How to Buy your Gold insurance?

“The Gold Survival Guide eCourse:
Why Gold is your must have insurance and 9 ways to profit from it”

So you’ve read the previous modules and if you’re still reading you’re probably on the way to being convinced about your need to purchase gold - your shiny yellow insurance policy. Today we show you how to do that.  

Module 6 of 8: What, Where and How to Buy your Gold insurance? 

How much insurance should you have?  The traditional answer has been Read more

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