Dear CIGAs,
I am preparing to leave for Tanzania today. Please consider these thoughts as I will be in the air for nearly 19 hours.
There is NO way the debt disaster is going away. There is no way that the US dollar is a store house of value.
The US and Great Britain have the most serious debt problems and it is still growing. Gold will trade at $1650 and above. According to Martin Armstong the action of the gold price is a perfect setup cycle wise for a major April – October rally.
Seasonality does not now exist in gold, but it does exist in gold trader’s minds.