3 Reasons why gold's best days are ahead

http://seekingalpha.com/article/1832592-3-reasons-why-golds-best-days-are-ahead-sean-brodrick?source=yahoo

Below are two extracts. Here's no. 1.

"There are three bullish forces for gold. First is global stimulus. We're seeing the world's central banks start to increase stimulus because they're worried about economic growth as estimates have slowly lowered. Now, the banks are starting to pile in more stimulus. That generally tends to pump up the price of gold."

"Second is selling by gold ETFs, which is starting to taper off. If that does taper off and end, then a major bearish force in the market will be lifted. That could really lift a weight off the price of gold rather quickly."

"Third is the emerging middle class in Asia. It's enormous. They want all the things we have, all the cars, the air conditioners, you name it, but they have a cultural affinity for gold. They don't trust banks. That's one thing they are going to buy."

"You put those three things together and we could have a good year for gold in 2014."

And, extract no. 2...

"Some people should not be playing in the juniors anyway."

Karl Marx noted in a different time that the value of all things is measured against the price of gold. Around a hundred years ago, the Bank of England and the Federal Reserve System began taking the world away from that model, but it appears to me as if history is on the side of the gold bugs - commodity money may be making a come back. If so, this is a better time to be buying miners than bonds.

VP