History of Gold:Silver Ratio Suggests Much Higher Price for Silver in Future ? MUCH Higher!;

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The majority of analysts*maintain that gold will reach a parabolic peak price somewhere in excess of $5,000 per troy ounce in the next few years. Given the fact that the historical movement of silver is 90 – 98% correlated with that of gold suggests that a much higher price for silver can also be anticipated. Couple that with the fact that silver is currently greatly undervalued relative to its average long-term historical relationship with gold and it is realistic to expect that silver*will eventually*escalate dramatically in price. How much? This article applies the historical gold:silver ratios to come up with a range of prices*based on specific price levels for gold being reached. Words: 691

So says Lorimer Wilson, editor of www.munKNEE.com in an article outlining the historical price correlation between gold and silver and what it means for the future price of silver as the gold bull runs it course. Please note that this complete paragraph, and a link back to the original article*, must be included in any article posting or re-posting to avoid copyright infringement.

Gold:Silver Ratio

How both gold and silver perform, in and of themselves, does not tell the complete picture. More important is the price relationship – the correlation – of one to the other over time, the gold:silver ratio.

Let’s look at the gold:silver ratio from several different perspectives:
since 1985 the mean gold:silver ratio has been 45.7:1
during the build-up to the parabolic blow-off in 1979/80 the ratio dropped from 38:1 in January 1979 to 13.99:1 at the parabolic peak for*both metals in January, 1980.
Let’s now look at the various price levels for gold and the various gold:silver ratios mentioned above, one by one, and see what conclusions we can draw.

First let’s use the current ball-park price of approximately$1,600 for gold and apply the gold:silver ratios mentioned above in approximate terms and see what they do for the potential % increase in, and price of, silver.
Gold @ $1,600 using the 45:1 gold:silver ratio puts silver at $35.56
Gold @ $1,600 using the 13.99:1 gold:silver ratio puts silver at $114.37
Now let’s apply the projected potential parabolic peaks of $2,000,*$3,000, $5,000 and*$10,000 to the various gold:silver ratios and see what they suggest is the parabolic top for silver.

Silver’s Potential Price Range With Gold At $2,000
Gold @ $2,000 using gold:silver ratio of 45:1 puts silver at $44.44
Gold @ $2,000 using gold:silver ratio of 14:1 puts silver at $142.85
Silver’s Potential Price Range With Gold At $3,000
Gold @ $3,000 using the gold:silver ratio of 45:1 puts silver at $66.67
Gold @ $3,000 using the gold:silver ratio of 14:1 puts silver at $ 214.29
Silver’s Potential Price Range With Gold at $5,000
Gold @ $5,000 using the gold:silver ratio of 45.1 puts silver at $111.11
Gold @ $5,000 using the gold:silver ratio of 14:1 puts silver at $357.14
Silver’s Potential Price Range With Gold at $10,000
Gold @ $10,000 using the gold:silver ratio of 45:1 puts silver at $222.22
Gold @ $10,000 using the gold:silver ratio of 14:1 puts silver at $714.29
It would appear that, any way we look at it, physical silver is currently undervalued compared to gold bullion and is in position to generate substantially greater returns than investing in gold bullion.

Gold:Silver Ratio Conclusion

History will look back at the artificially high gold:silver ratio of the past century as an anomaly caused by the world being deceived into believing that fiat currencies are real money, when in fact they are all an illusion.

This fiat currency experiment will end badly in a currency crisis and when that happens, as it surely will, gold will go parabolic and silver along with it but even more so as the gold:silver ratio adjusts itself to more historical correlations.

Original Source

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The breakdown after the QE4* announcement, and now the extreme move into a yearly cycle low has, I* daresay, convinced everyone that the gold bull is over. I would argue that it is impossible for the gold bull to be over as long as central* banks around the world continue to debase their currencies [and that] gold is just creating the conditions – a T-1 pattern – necessary for its next leg up to what I expect to be…around $3200 sometime in late 2014 or early 2015. [Let me explain.] Words: 560; Charts: 3

2. Past Bubble Movements Suggests a Parabolic Peak Price of $9,000 for Gold & $250 for Silver Is NOT Unreasonable – Take a Look

Bubbles tend to follow the 80/20 ratio indicated in the Pareto Principle where approximately 80% of the price move occurs in the LAST 20% of the time. That being the case it would appear that gold and silver could conceivably top out around $9,000 per troy ounce and $250/ozt respectively .This is not a prediction of future prices of gold and silver; it is an indication of what could happen in a speculative bubble environment based on the history of previous bubbles. Words: 1280; Charts: 1

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Now Available: Debit Cards Backed By Actual Gold & Silver!

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Put Yourself on the Gold Standard. Get the World’s only True Gold & Silver Debit Cards.

Precious metals have historically been excellent ways to preserve one’s purchasing power over the long term.* However, in today’s world, they do not act well as a medium of exchange. To solve this problem Peter Schiff and his teams worldwide have worked out a totally new service: the first Gold and Silver Debit cards that gives bank customers access to their gold and silver*holdings.

So says Peter Schiff (www.europac.net) in edited excerpts from his online promotion* for his new offering in an article entitled Peter Schiff Reveals CPI Propaganda By Calculating Real Price Inflation.
*This article is presented compliments of www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) and www.munKNEE.com (Your Key to Making Money!) and may have been edited ([ ]), abridged (…) and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement.

Schiff goes on to say in further edited excerpts:

Below are the unique features these*debit cards*offer:

It looks like a traditional debit card, but it has some unique features that help people protect their purchasing power and profit from the real benefits of precious metals:

Purchasing power is stored in gold or silver, protecting holders against price inflation.
Ease of access to the metal: the holder can easily buy and own precious metals
Metals are stored outside the banking system, solving the risk of safe storage.
The holder is protected against capital controls.
The risk for confiscation is minimized as the metals are stored in Australia at the Perth Mint.
Delivery of the metal can easily be requested.
The cards are accepted by millions of merchants worldwide
The cards can be used*in over 210 countries except in the U.S.
Unfortunately this card is not available to American citizens, or foreign citizens residing in the United States.
Euro Pacific Bank’s gold- and silver-backed debit cards give bank customers access to their gold and silver*holdings that has not been offered in any service before. It is an example of innovation in a way that stimulates usage of the metals.

If you are interested in learning how the program works and would like to receive an application please email us at info@europacbank.com.

More about the Gold Debit Card* |* More about the Silver Debit Card Editor’s Note: The author’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.

*http://goldsilverworlds.com/gold-sil…ice-inflation/
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http://www.munknee.com/wp-content/up…;65.jpg” alt=”gold-truth” width=”90″ height=”65″ data-lazy-src=”http://www.munknee.com/wp-content/up…;65.jpg” data-lazy-type=”image” />http://www.munknee.com/wp-content/up…uth-90×65.jpg” alt=”gold-truth” width=”90? height=”65? />The most common misunderstandings regarding the primary gold ETF, SPDR Gold Trust (NYSE:GLD) is that it buys and sells gold. That is not the case. It is just a paper asset. It is not a way to buy gold and have someone else store your holdings for you. It is just an innovative way to “own gold.” [Below I outline more of just what GLD is and is not:] Words: 1470

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12. Protect Yourself From Inflation With Gold or Precious Metals Funds

http://www.munknee.com/wp-content/up…;65.jpg” alt=”precious-metals” width=”90″ height=”65″ data-lazy-src=”http://www.munknee.com/wp-content/up…;65.jpg” data-lazy-type=”image” />http://www.munknee.com/wp-content/up…als-90×65.jpg” alt=”precious-metals” width=”90? height=”65? />Investing in some form of precious metals is the preferable way to protect oneself from rising inflation/decrease in the value of the U.S. dollar and here are 10 ETFs and ETNs and 5 mutual funds to do just that. Words: 879

George Soros: A Professional & Personal Profile

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While George Soros*spent over 40 years managing funds at Soros Fund Management, racking up an incredible average annual return of 20%,*he is arguably most known for the huge bets he made against the British pound in 1992. He felt that the European Exchange Rate Mechanism overvalued the pound and that the system was inherently unsustainable so he bet $10 billion on this view and*reaped more than $2 billion in profits from his trades. [This article outlines his the life – both professional and personal – of this epitome of a hedge fund manager.] Words: 972

So writes Stephen D. Simpson (www.commodityhq.com) in edited excerpts from his original article* entitled Commodity Fund Profile: George Soros.
This article is presented compliments of www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) and www.munKNEE.com (Your Key to Making Money!) and may have been edited ([ ]), abridged (…) and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement.

Simpson goes on to say in further edited excerpts:

It is impossible to write the history of hedge funds or American investors without including George Soros. Though Soros*did not invent the hedge fund, he was among a very select group to show how a well-run fund employing significant leverage could generate outsized returns for prolonged periods of time. Due to a particular combination of success, aggression and willingness to speak to the press, Soros found his name tied to two major financial events of the 1990s and he became, for many, the epitome of a hedge fund manager….

According to the most recent Forbes numbers, Soros*is the 15th richest person in the world, with a $19 billion net worth.

Early Career

Soros*grew up in Hungary, surviving both the Nazi occupation of Hungary and the intense fighting in Budapest between Soviet and Nazi forces near the end of World War II. Soros emigrated to England in 1947 and attended the London School of Economics, graduating in 1952.

Soros*emigrated again, to New York City, in 1956, and began his career on Wall Street. Soros’ first opportunity to run money would come in 1967 with First Eagle Funds. He left to establish Soros Fund Management in 1969, launching the Quantum Fund later in 1973 with Jim Rogers, another now-noted commodity investor.

Modern-Day Career

Soros*spent over 40 years managing funds at Soros Fund Management, racking up an incredible average annual return of 20%, while the Quantum Fund itself boasted returns in excess of 30%.

For better or worse, though, most of Soros’ investments garnered relatively little individual notice. Soros was an omnivorous investment opportunist, willing to invest in stocks, bonds, commodities, currencies and virtually any other financial instruments that seemed mispriced according to the firm’s models. Soros made extensive use of leverage and was willing to invest with both very short and longer time horizons.

Soros*is arguably most known for the huge bets he made against the British pound in 1992. Soros*felt that the European Exchange Rate Mechanism overvalued the pound and that the system was inherently unsustainable. Betting $10 billion on this view, Soros reaped more than $2 billion in profits from his trades, with reportedly $1 billion coming on a single day….

The Bank of England capitulated on September 16, 1992 (now known as “Black Wednesday”), and Soros*henceforth carried the nickname of “the man who broke the Bank of England.” It was later revealed that the Bank of England lost about 3.3 billion pounds defending the pound, and while there were other investors besides Soros involved, the event was a visible sign that international financial markets now carried more ultimate power than individual governments.

Soros’s name would again appear prominently during the Asian financial crisis during the summer of 1997. A full retelling of the crisis is beyond the scope of this article, but Soros was publicly named by Malaysian Prime Minister Mahatir*Mohamad*as a prime cause of the crisis, and Mahatir further alleged that he was attempting to ruin the economies of Southeast Asia through currency speculation. According to Soros, his firm and funds were involved during the crisis, going both long and short Southeast Asian currencies like the Thai baht and Malay ringgit at various points….

Jim Rogers left Soros*Fund Management in 1980 and Soros began to hand over more day-to-day responsibility throughout the ‘80s and ‘90s before officially retiring in 2011.

Future Growth

With all due respect to Mr. Soros, at age 82 there are probably not too many chapters left to his story. Soros*officially retired in 2011, returning about $1 billion to investors. Soros currently devotes his time to his charitable and foundation endeavors, as well as writing projects and speaking engagements.

Personal Life

Soros has been married and divorced twice, with five kids between the two marriages, and is presently again engaged to be married.

While Soros*earned his professional fame as a bold trader willing to make huge bets on binary outcomes, Soros has increasingly received notice for his extensive charitable efforts. Forbes estimates that he has donated more than $8 billion since 1979, with substantial sums going towards fighting poverty and supporting democracy and human rights around the world. So successful were some of these pro-democracy efforts in places like the former Soviet republics that Soros’s actions reportedly compromised U.S. foreign policy….

Soros*has also incurred the wrath of conservatives in the United States for his vocal support of the Democratic Party, and Soros can claim the questionable honor of having an entire Wikipedia page dedicated to various conspiracy theories tied to him.

The Bottom Line

Though Soros*has officially retired from the professional investing world, he still has a lot of projects that keep him busy. Outside of his philanthropic work, Soros has also taken a financial interest in professional sports, and in the last 10 years he’s been involved in everything from the Washington Capitals baseball team to the English football club Manchester United.

Regardless of Soros’s professional involvement in the investing world, as an outspoken financial critic–with a successful and prolific career to back up his theories–Soros’s public pronouncements can give insight into the markets and investors should pay attention.
Editor’s Note: The author’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.

*http://commodityhq.com/2013/commodit…-soros/*(Don’t forget to subscribe to their free daily commodity investing newsletter and to*follow*them on Twitter @CommodityHQ.)
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1. Soros Fund’s Latest Buys Suggest Gold-related Investments to Move Sharply Higher in 2013 – Here’s Why

http://www.munknee.com/wp-content/up…;65.jpg” alt=”bullion-coins-stacked_303x259″ title=”bullion-coins-stacked_303x259″ />George Soros’ hedge fund, Soros Fund Management LLC, states in its Nov. 14th 13-f filing that, among other major moves related to gold, the fund has added a $9 million call option position on the GDX*which means that management of the fund believes that gold mining equities are extremely undervalued on a short-term*basis and that major money to be made over the next 6-12 months, via a sharp move higher in the GDX. Words: 405

2. George Soros’ Speech on the Euro Crisis Has Gone Viral For Good Reason – It’s Brilliant

http://www.munknee.com/wp-content/up…;65.jpg” alt=”euro” title=”euro” />If you see yourself as someone who ‘thinks for yourself’ and have wealth to protect I strongly recommend you spend time listening to George Soros. I particularly recommend this given that he delivered this address in June, and because I believe we are now getting to the point where we can see the lights of the train as it comes ever closer to where we are standing on the Euro zone (and world) economic track. Words: 655

3. Soros Selling Stocks and Stacking Gold! Should We Be Buying More Gold Too?

http://www.munknee.com/wp-content/up…;65.jpg” alt=”gold_price_surges_weak_jobs_data” width=”90″ height=”65″ data-lazy-src=”http://www.munknee.com/wp-content/up…;65.jpg” data-lazy-type=”image” />When a major global player with direct ties to the White House, Wall Street, and the banking system starts off-loading stocks and starts stacking gold, it suggests a very serious market move is set to happen – and that is just what George Soros has done according to his latest 13-F report filing. [Should we buy more gold too?] Words: 484

4. George Soros Predicts Economic Chaos/Conflict in Europe and Riots in the U.S.!

http://www.munknee.com/wp-content/up…;65.jpg” alt=”r-EUROPE-DOWNGRADES-large570″ width=”90″ height=”65″ data-lazy-src=”http://www.munknee.com/wp-content/up…;65.jpg” data-lazy-type=”image” />George Soros…is more concerned with surviving than staying rich…He doesn’t just mean it’s time to protect your assets. He means it’s time to stave off disaster. As he sees it, the world faces one of the most dangerous periods of modern history—a period of “evil.” Europe is confronting a descent into chaos and conflict. In America he predicts riots on the streets that will lead to a brutal clampdown that will dramatically curtail civil liberties. The global economic system could even collapse altogether. [Perhaps] we should be, too, [but as] we have often explained, [such comments ar nothing more than] the fear-based promotions of the power elite to frighten the middle classes into giving up power and wealth to globalist institutions. Let us explain.

5. Words of Wisdom From the Most Brilliant Investors Ever

http://www.munknee.com/wp-content/up…;65.jpg” alt=”investing4″ width=”90″ height=”65″ data-lazy-src=”http://www.munknee.com/wp-content/up…;65.jpg” data-lazy-type=”image” />There’s a bewildering amount of advice on how to invest…so it’s worthwhile, especially in today’s volatile markets, to take a look at what has actually worked, as opposed to what people claim works. We’ve collected some of the finest wisdom on markets from the most respected and successful investors, past and present. Words: 865

6. Soros and Rogers Agree: Greater Returns from Farmland Than Gold! Here’s Why

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America?s Economic Advantage is Immigrants! Here?s Why

The American age demographic profile is substantially better than its major trading partners, driven by the combination of a rising working age population as the children of the post-war Baby Boomers grow up and enter the work force and substantial immigration [legal or otherwise. This profile has major economic dividends as outlined in this article.] Words: 530

So says Cam Hui (http://humblestudentofthemarkets.blogspot.ca) in edited excerpts from his original article*.
Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), may have edited the article below for length and clarity – see Editor’s Note at the bottom of the page for details. This paragraph must be included in any article re-posting to avoid copyright infringement.

Hui’s article goes on, in part, as follows:

Advantage #1: Growth in Labor Force

Advantage #2: Workers per Retiree Ratio High

Despite the angst over dependency ratios, or the ratio of workers to retirees, the expected increase in American workers means that American dependency ratios are likely to stabilize in the decades to come, whereas those of many other countries continue to decline – which will strain the pension system and national finances.

Advantage #3: Immigration Influx

America’s relative youthfulness compared to trading partners isn’t just a product of its higher birthrate, it is also a function if its willingness to accept immigration. The United States and Canada are in the minority of major industrialized countries that openly accept immigrants.

Advantage #4: Mexican Immigrants

Indeed, BBVA research (via Business Insider) titled ‘Immigrants rejuvenate the United States’ show that without the influx of Mexican immigrants, the demographic of the U.S. would be much, much older:

Advantage #5: Asian Immigrants

What’s more, America is attracting the right kinds of immigrants. A recent report indicates that Asian immigrants now exceed Hispanics. Asians are an enormous[ly] attractive demographic, largely because they tend to outperform. The latest BLS data shows (via Global Macro Monitor) that Asians are the top earning ethnic group and beat out Whites.

Advantage #6: Skilled Labor Potential

Canada’s Globe and Mail recently featured a series on immigration. Reporter Jon Friesen wrote that the shortage of skilled labour was a series of speed bumps to Canada on its way to achieving its growth potential.
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Advantage #7: Great Source of Innovation

Studies have shown that the children of immigrants tend to be sources of innovation and growth in an economy [emphasis added]:
When immigrants arrive, they not only fill gaps in the work force but pay taxes and spend money on housing, transport and consumer goods. Productive capacity increases and there is a ripple effect across the economy. Studies show that their offspring tend to be among the country’s best-educated and initiative-taking young people.

Forbes magazine reported that an astounding 40% of Fortune 500 companies were founded by immigrants or their children. The 40% figure is especially astounding when you consider that the foreign born population of the United States has been steady at 10.5% since 1850. Bloomberg highlighted a report that showed the inventiveness of immigrants:
[P]olicy makers should flag a recent study that found more than three-quarters of patents from America’s top ten patent-producing universities, including MIT, Stanford, and the University of Wisconsin-Madison, were the result of breakthroughs by immigrants. Those universities produced 1,466 patents—a fraction of the total awarded—but many were in such cutting-edge fields as information technology and molecular biology.

In other words, if you want to build a society of innovators and entrepreneurs, encourage immigration as a way to enhance, not only the growth of your work force, but the quality of your work force.
Editor’s Note: The above article may have been edited ([ ]), abridged (…), and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The article’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.

Other Articles:

1. http://www.munknee.com/category/investing/

2. http://www.munknee.com/category/economics/

I Love Gold but I?ve Turned Bearish! Here?s Why

I love gold but I’ve turned*bearish. [While I admit]*if the Greeks were to quit the euro that gold could face a short-term bull wave I believe gold’s fundamentals are [too] weak to support the current price. [Here are 8 solid reasons why.] Words: 685

So says Balaji Viswanathan in edited excerpts from his original article* as posted on Seeking Alpha.
Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), has edited the article below for length and clarity – see Editor’s Note at the bottom of the page. This paragraph must be included in any article re-posting to avoid copyright infringement.

*Viswanathan goes on to say, in part:

Gold has gone up over the past 13 years from around $250 in 1999 to $1,920 last year before correcting down to $1,620 or so. There are four factors that helped the rise of gold:

A period of sizable inflation (particularly in the commodity prices) from about 2002 to 2008.
A period of uncertainty in the global markets (2008 to the present), including the financial crisis of 2008 and the eurozone troubles in Greece and elsewhere.
The introduction of gold ETFs that allowed investors in the developed markets to bet on the yellow metal.
The growth in India and China, where consumers got more prosperous over the past decade and bought a lot of jewelry. In fact, China is now the world’s biggest consumer of gold.
[Be that as it may], however,*I believe gold’s honeymoon season is over and it could face significant downward pressures in the next few months. The following chart from the World Gold Council’s Q1 2012 report paints a picture of weak demand (look at the negative values in the highlighted portion of the chart).

Source: World Gold Council

I detail below the reasons why gold could go down:

The Asian jewelry market is slowing down. The World Gold Council*reported that the markets all over Asia are seeing a drop in jewelry demand (India -19%, Saudi Arabia -17%, Thailand -8%, Turkey -16%, Vietnam -10%).
The use of gold by industries fell 10% Q1 2012 (y-o-y), amounting to 10 tonnes of reduced gold consumption. The electronics industry is a major consumer of gold and the overall weak sales there will further reduce gold demand.
The rise in gold prices has prompted explorers around the world to prospect even more keenly for gold reserves. Mining production has grown 5% this year, due to the renewed efforts in gold exploration.
In India, the fast rise in gold prices, coupled with a drop in the rupee and the slowdown in the Indian economy, has priced out most of the middle class from buying gold. Bloomberg*reports that**”demand for gold and silver fell by about 20 percent to 25 percent this year because of higher taxes and prices… Investment demand dropped 46% and jewelry demand fell 19%.
While Mexican and Russian central banks are busily adding gold to their portfolios, the demand from other central banks is dropping. In Q1 2011, the demand was 137 tons, while in Q1 2012, it was a little more than 80 tons.
Inflationary pressures across the world have receded. Gold is typically seen as a hedge against inflation and normally tracks inflation in the long run. With the slowdown in the Indian and Chinese economies, along with the ever-increasing bad news flowing in from the eurozone, inflation fears have quickly evaporated from investors’ minds. Demand is expected to lag behind supply in most of the world, including in the emerging markets.
The Indian wedding season, which makes for one of the largest consumption periods for gold, is over and June-September is typically a dull season for the gold industry in the country. The seasonal factor is expected to put pressure on gold in the short term.
Chinese gold consumption growth is also falling as the major cities in the country reel from the economic slowdown. Though the growth is still positive, it is probable that Chinese consumers might follow the path of their counterparts in the rest of Asia.
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[The above are my reasons for being]… bearish on gold right now. [As I said at the beginning of the article]… in the long run, I believe the gold fundamentals are [too] weak to support the current price.

*http://seekingalpha.com/article/6587…iew&ifp=0**(To access the above article please copy the URL and paste it into your browser.)
Editor’s Note: The above article may have been edited ([ ]), abridged (…), and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The article’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.

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1. Hathaway: Next Round of QE Will See Gold, Silver and Mining Stocks Go Ballistic! Here’s Why

“Even with the prospect of no QE, if you believe the Fed, gold has not made a new low [since December] so, in my opinion, the absence of QE is priced into gold. On the other hand, if market conditions hit emergency levels, the central banks will be forced to their knees and they will be doing QE by whatever name it’s called. I think at that stage you are going to see gold go ballistic because it will be an admission of failure on the part of policymakers….If investors don’t do something now and take advantage of this funky period we are in, this daily grind of back and forth, they are going to be paralyzed. They will just be bystanders when gold finally takes off.”

2. Update: 51 Analysts Now Maintain that Gold is Going to $5,500 – $6,500/ozt. in 2015!

Lately analyst after analyst (161 at last count) has been climbing on board the golden wagon with prognostications as to what the parabolic peak price for gold will eventually be. That being said, however, only 51 have been bold enough to include the year in which they think their peak price estimate will occur and they are listed below. Take a look at who is projecting what, by when and why. Words: 644

3. Goldrunner: Fractal Gold Analysis Says Gold On Way to $3,500 Mid-year!

Our Fractal Model suggests the wave for Gold in US Dollars will sweep up into the $3500 to $3600 area into the mid-year time-frame. The leading edge of that time-frame begins in May and extends out for a few months. A potential for Gold to spike to a $3900 extended fib level exists. Like all parabolic moves in Gold, the late stages create the biggest price movements. Personally, I would be happy with a huge Gold run up to the $3200 level. Words: 1400

4. Is Gold About to Go Parabolic to $3,495 in June ’13; $10,899 in Sept. ’14 and Top Out at $32,659 on Jan. 16, 2015?

According to a recent Elliott Wave theory analysis gold is about to go parabolic reaching $3,495 in June 2013, $6,233 in April 2014, $10,899 in Sept. 2014, $18,712 in December 2014 and culminating in a parabolic peak price of $31,672 on January 16th, 2015! See the chart below. Words: 600

5. David Nichols: Expect to See $2,750 – $3,000 Gold By June 2013 – Here’s Why

The interim peaks in gold have been spaced 21 months apart over the past 6 years and have seen gains from 80.2% to 97.3%. As such, given the fact that the low of this last correction came in at $1,524 four months ago, we can expect gold to reach a new peak price of $2,750 to $3,000 in 17 months time (i.e. June/July 2013). [Let me explain in more detail.] Words: 976

6. Leeb: Gold Going to $3,000 Before the End of 2012!

The Fed is [going to] keep interest rates at zero until the end of 2014 [and that] is as aggressive as it gets and as bullish as it gets for gold. Inflation will be let out of the bag, maybe for the next three to four years. In this environment gold and silver are the best investments around…We are really talking about the next leg higher in this bull market…This is the leg I expect to take gold to $3,000 before the end of 2012.

7. Rebound Ratio Suggests New High for Gold By Mid-year

[While] some investors are frustrated,, and a few are worried that gold seems stuck in a rut [such a] stall in price has happened before…[but has] always eventually powered to a new high…[Let’s] examine the size and length of past corrections and how long it took gold to reach new highs afterward. Words: 740

8. GOLDRUNNER FRACTAL ANALYSIS: 2012 SILVER TO $70++

Around this point in the fractal cycle in the late 70’s, Gold busted out of its channel to rise sharply higher, along with Silver. Silver’s channel top will lie up around $68 to $70 over the coming months which we believe will be reached in 2012. The next higher angled resistance bands for Silver run from $112 to $115, and then up at the $123 area. By the end of the Silver Bull, we expect to see Silver reach $500+. Words: 1765

9. James Turk: Silver Will Climb to $68-$70 in 2 to 3 Months

Silver will climb to $68-$70 in 2 to 3 months once resistance at $35 is taken out… In many ways silver is positioned today like it was back in the summer of 2010… Regarding gold, as goes oil, so goes gold…and the bottom line is that the wind is at the back of the bulls in both the gold and oil markets.

10. Stephen Leeb: Silver’s Going to $60, $70, by the End of 2012 – Easy!

I think scarcity in oil is a dramatic tailwind for gold. Politicians will inflate. They don’t want oil to bring down the economy like it did in 2008. Remember, this inflation will take place with commodity prices already high. So this will create significant inflation. This means higher gold and silver. Gold at $3,000 by the end of the year, easy. Silver $60, $70, easy.

Martin Weiss: You Are Being Forewarned ? Again ? About an Imminent Financial Megashock!

[You are being forwarned – again – that Europe and the U.S. are now on a collision course with a second Lehman-type megashock….A snowball of events -*bank runs spreading across Europe -*are*bringing us a few steps closer. What [can we expect]*next? Let me explain. Words: 1795

So says*Martin D. Weiss, Ph.D. (www.moneyandmarkets.com) in edited (marginally) excerpts from his original article*.
Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), has edited the article below for length and clarity � see Editor�s Note at the bottom of the page. This paragraph must be included in any article re-posting to avoid copyright infringement.

Weiss goes on to say, and I quote:

This is not the first time we’ve warned you about an imminent financial megashock.
In our Money and Markets of December 3, 2007, we [forewarned you] specifically naming Lehman Brothers as the next major firm to collapse on Wall Street. (See “Dangerously Close to a Money Panic.”)
In our Money and Markets of March 17, 2008, precisely 182 days before its failure, we [again forewarned you]*naming Lehman, making it abundantly clear that it could be the trigger of a financial meltdown. (See “Closer to a Financial Meltdown.”)
Now, starting with last week’s edition, we are [fore]warning you of ANOTHER Lehman-type megashock.
A new telltale sign bank runs, the final nail in the coffin of any modern economy are spreading among the PIIGS countries of Europe � and possibly beyond.
In Greece it’s already a tsunami � a desperate effort by millions of citizens to get their money out of danger before Greece is forced to leave the euro zone.
In Spain, it’s quickly turning into a flood, as individuals and businesses � with $1.25 trillion in total bank deposits � wonder if their country will be the next to leave the union.
In Portugal, Ireland, Italy or even France, banks are vulnerable to similar outflows and, once the stampede strikes more than two or three major countries, you could see bank runs all across Europe.
[Does all of the above] sound familiar? It should, because last year we witnessed a very similar contagion when investors stampeded from the bonds of the weakest European countries. Much like today, the first to be attacked was Greece, the weakest link in the chain. Then, Spain, Portugal, Italy and even France got hit hard. Soon, nearly all of Europe was infected, prompting its central bankers to suddenly break their solemn vows of monetary piety and print more than $1 trillion worth of new euros but now, despite all those efforts, they’re facing a new contagion of a second kind � by bank depositors.

How Dangerous Are Bank Runs?

Bank runs are far more infectious, and dangerous, than investor stampedes they spill out onto the streets and onto the airwaves and*invoke frightening flashbacks to the Great Depression and they immediately threaten the entire banking system.

According to the New York Times, “the havoc that a stampede might cause to the Continent’s financial system would greatly complicate efforts by European Union officials to fashion a longer-term plan to ease the debt crisis and revive Europe’s economy, because authorities would have to cope with the staggering added costs of shoring up banks and a*bank run can happen very quickly.”
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Just as I explained here last week, the Times points out that it “was a similar liquidity crisis on Wall Street in September 2008 � which started with nervous investors pulling money from troubled institutions, then quickly from healthier ones � that set off the financial crisis.”

I repeat: It was just last Monday that I showed you how Europe and the U.S. are now on a collision course with a second Lehman-type megashock and here we are today, only seven days later, with the snowball of events bringing us a few steps closer.

Will This Time Be Worse Than 2008?

Politicians and investors all over the world are now trying to prepare for the inevitable consequences. What they don’t seem to realize is that the next major megashock could be more severe than the Lehman Brothers failure.

Never forget the key differences between then and now:
In 2008, it was strictly individual financial institutions that were on the edge of collapse. Today, entire nations are on the brink.
In 2008, the U.S. federal deficit of the prior fiscal year was $161 billion. Today, it’s $1.327 trillion, or 8.2 times larger.
In 2008, most of the megabanks at the epicenter of the crisis were in the United States. Today, although some U.S. megabanks are still taking excessive risk, it’s primarily the far LARGER European banks that are in the most trouble. In fact the weak European banks are so large, their total assets are greater than the total assets of ALL U.S. commercial banks combined.
In 2008, governments had not yet deployed their “big gun” cures for the debt crisis. So they still had the firing power to squelch the crisis with a series of unprecedented rescues. Today, we have seen the rapidly diminishing returns � or outright failure � of nearly every possible stimulus plan, bailout deal or austerity measures known to man.
In 2008, governments encountered little public resistance to major new policy initiatives. Today, millions of citizens are rebelling at the polls � or on the streets � in France, Greece, Portugal, Spain, Italy, and even Germany.
Most important, until late 2008, central banks restricted their role to traditional manipulation of interest rates. Now, however, four of the most powerful central banks in the world (the Fed, ECB, BOE and BOJ) have departed radically from tradition and embarked on the greatest wave of money printing in the history of mankind.
What REALLY Happened During -*and After the Lehman Collapse?

Over a single weekend in mid-September 2008, the Fed chairman, the Treasury secretary, and other high officials huddled at the New York Fed’s offices in downtown Manhattan to sseriously considered bailing out Lehman, but they ran into two hurdles:
Lehman’s assets were too sick � so diseased, in fact, even the federal government didn’t want to touch them with a 10-foot pole. Nor were there any private buyers remotely interested in a shotgun marriage.
Foreshadowing the public rebellion that would later bust onto the scene in the Tea Party movement, there was a new sentiment on Wall Street that was previously unheard of: a*small, but vocal, minority was getting sick and tired of bailouts. “Let them fail,” they said. “Teach those bastards a lesson!” was the new rallying cry.
For the Fed chairman and Treasury secretary, it was the long-dreaded day of reckoning. It was the fateful moment in history that demanded a life-or-death decision regarding one of the biggest financial institutions in the world � bigger than General Motors, Ford, and Chrysler put together. Should they save it? Or should they let it fail? Their decision: make a break with the past let Lehman fail.

As in the prior Bear Stearns failure, America’s largest banking conglomerate (JPMorgan Chase) promptly appeared on the scene and swooped up the outstanding trades and, as with Bear Stearns, the Fed acted as a backstop. Lehman’s demise was unique, however,*because it was thrown into bankruptcy and put on the chopping block for liquidation.

[You were forewarned of that collapse ] exactly 182 days earlier, when we warned that it could be the financial earthquake that would change the world and it was. Until that day, nearly everyone assumed that giant firms like Lehman were “too big to fail,” that the government would always step in to save them but that myth was shattered on September 15, 2008, when the U.S. government decided to abandon its long tradition of largesse and let Lehman go under -and that had major negative repercussuins:]
A major U.S. money market fund, the Reserve Primary Fund, immediately suffered a direct hit in its portfolio from exposure to Lehman securities, pushing its share value below $1 � an unprecedented event that spread panic in the entire industry.
Money funds, mutual funds and other institutions refused to buy the short-term IOUs (commercial paper) that thousands of companies rely on for ready cash.
All over the world, investors recoiled in horror, abandoning short-term credit markets � the lifeblood of the global financial system.
Bank lending froze.
Borrowing costs went through the roof.
Corporate bonds tanked.
The entire world seemed like it was coming unglued.
“I guess we goofed!” were, in essence, the words of admission heard at the Fed and Treasury. “Now, instead of just a bailout for Lehman, what we’re really going to need is the Mother of All Bailouts � for the entire financial system.” The U.S. government promptly complied, delivering precisely what they asked for:
a $700-billion Troubled Asset Relief Program (TARP), rushed through Congress and signed into law by President Bush in record time and, in addition, loaned, invested, or committed
$300 billion to nationalize the world’s two largest mortgage companies, Fannie Mae and Freddie Mac,
over $42 billion for the Big Three auto manufacturers,
$29 billion for Bear Stearns,
$150 billion for AIG, and $350 billion for Citigroup,
$300 billion for the Federal Housing Administration Rescue Bill to refinance bad mortgages,
$87 billion to pay back JPMorgan Chase for bad Lehman Brothers trades,
$200 billion in loans to banks under the Federal Reserve’s Term Auction Facility (TAF),
$50 billion to support short-term corporate IOUs held by money market mutual funds,
$500 billion to rescue various credit markets,
$620 billion for foreign central banks,
trillions more to guarantee the Federal Deposit Insurance Corporation’s (FDIC’s) new, expanded bank deposit insurance coverage from $100,000 to $250,000,
plus trillions more in bailouts and for other sweeping guarantees.
Governments of the UK and the European Union followed a similar pattern and everywhere, both inside and outside of government, apologists for these mega-rescues argued that it was “the lesser of the evils,” the only way to save the world from an even direr fate.

They were wrong, and we told them so on September 25, 2008 when Safe Money Report editor Mike Larson and I submitted a white paper to the U.S. Congress specifically documenting why the government bailouts would ultimately transform the debt crisis into a sovereign debt crisis. In effect, we argued, “Sure, governments can bail out big banks, brokers and insurers but when the next crisis strikes, who will bail out the governments?”…

Yes, with trillions in bailouts since the 2008 debt crisis, the governments of the U.S. and Europe were able to calm the waters and restore credit markets but no government anywhere can create wealth and prosperity with worthless paper, and no government can repeal the laws of gravity or change the laws of thermodynamics.

Summary

When investors sell bad government bonds, the value of those bonds must plunge, making it next to impossible for those governments to borrow. When savers run to safety, money must flood from the weakest banks to the strongest, making it impossible for the weak banks to survive. That’s what is happening now, and what will continue to happen in the weeks ahead, until (and unless) the authorities unleash a new wave of money printing that makes previous waves look puny by comparison.

Stand by for our team’s specific instructions on how to protect yourself and profit.

Good luck and God bless!

Martin

*http://www.moneyandmarkets.com/bank-…ext-49763**(To access the above article please copy the URL and paste it into your browser.)
Editor�s Note: The above article may have been edited ([ ]), abridged (�), and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The article�s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.

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8. European Election Results Harbinger of Future U.S. Elections � Here�s Why

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10. U.S. �Deficit Disorder� Means Broken Promises + Even More QE! Here�s Why

*

One of the problems with the debate over the �national debt� is that there�s no generally agreed upon definition of that term. Is it what the federal government owes, or what it owes foreigners, or what the whole country, private and public sector together, owes? Does it include off-balance-sheet items and contingent liabilities? There�s a hundred-trillion dollar gap between lowest and highest on this spectrum, which allows each commentator to confuse the rest of us by picking the measure that best suits their point of view. [Let’s try to decipher the true state of the nation.] Words: 1468

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12. Events Accelerating Towards an Ultimate Dollar Catastrophe! Here�s Why

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14. Major Changes in Inflation, Interest Rates, �Taxes� and U.S. Dollar Coming

The economy is now so manipulated by politicians, big bankers, and special-interest groups that making sense of the markets has become an almost impossible feat. Which is to say, it must push even harder on the levers of its printing presses, further setting the stage for the massive period of inflation we continue to see as inevitable� and for a stunning rise in interest rates. Words: 968

15. The U.S. is Headed Toward a Complete and Utter Collapse of its Financial System

*
The U.S. is headed inexorably toward a systemic failure, a complete and utter collapse of the financial system. TARP and all the other machinations have not improved the underlying insolvency of the banking system. They have, however, deferred a collapse and ensured that it will ultimately be worse. [Let me explain.] Words: 1385
*
16. Get Ready for Financial Crisis 2.0 in 2012 � It�s Inevitable! Here�s Why
*

*
This analyst sees the perfect storm of converging criteria almost perfectly timed and aligned with the 2012 election cycle. When the moment arrives, the financial earthquake will rapidly demolish the existing highly precarious financial system. Government will stand by helpless, unable to shield itself, much less its vulnerable citizens or private financial institutions from the tsunami of debt and currency destruction. 2012 is shaping up to be the blockbuster main event of the ongoing financial crisis. Massive amounts of new debt, vast quantities of additional digital dollars and the spark of higher interest rates will set off version 2.0 of the credit-driven financial implosion. Let me explain. Words: 1443

Tom Fitzpatrick: Stocks to Go Down 27%, Bonds to Go Up to Extreme Levels, Gold to Remain Firm

A top analyst at Citibank has told King World News that global stock markets are set to plunge 27%. Fitzpatrick…the panic will move global bond markets to extreme levels, but gold will remain firm.

So says*Tom Fitzpatrick*in edited excerpts from an interview with King World News as provided by Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!). This paragraph must be included in its entirety in any re-posting to avoid copyright infringement.

Specifically Fitzpatrick said, in part [you can read the full article here, complete with enlightening charts]:

“We think that, short-term,*the S&P 500 and the DJIA*will head down to their 200 day moving averages in a similar fashion to what we saw last year which would be*1277 and 12,000 respectively [Go here to see*his chart].

Comparing the market environment with that of ’73 to ’77….when we had a similar deterioration in housing, in the economy as well as in the U.S.*dollar, gold and the oil price shocks, and*sensing that we may have already put in the peak here, the suggestion is that the next down-move would be in the region of 27%. This could be a very quick move, in as little as four or five months.” [Go here to see his chart.]
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Shift From U.S. Dollar As World Reserve Currency Underway ? What Will This Mean for America?

Today, more than 60% of all foreign currency reserves in the world are in U.S. dollars but there are big changes on the horizon…Some of the biggest economies on earth have been making agreements with each other to move away from using the U.S. dollar in international trade…[and this shift]*is going to have massive implications for the U.S. economy. [Let me explain what is underway.] Words: 1583

So says Michael T. Snyder (www.theeconomiccollapseblog.com)**in edited excerpts from his original article* (which Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), has further edited below for length and clarity � see Editor�s Note at the bottom of the page. This paragraph must be included in any article re-posting to avoid copyright infringement.)

Snyder*goes on to say, in part:

China has the second largest economy on the face of the earth, and the size of the Chinese economy is projected to pass the size of the U.S. economy by 2016 [and projected to become three times larger than the U.S. economy by the year 2040 by at least one economist. [As such,]*China is sitting there and wondering why the U.S. dollar should continue to be so preeminent if the Chinese economy is about to become the number one economy on the planet. [Read: Why America Should Relinquish Reserve Status for its Dollar]

China, and other emerging powers such as Russia, have been quietly making agreements to move away from the U.S. dollar in international trade over the past few years [and, as such,]*the supremacy of the U.S. dollar is not nearly as solid as most Americans believe it to be.**[Read: The U.S. Dollar: Too Big to Fail?]
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As the U.S. economy continues to fade, it is going to be really hard to argue that the U.S. dollar should continue to function as the primary reserve currency of the world. Things are rapidly changing, and most Americans have no idea where these trends are taking us. [Read: Is There a Viable Alternative to the Dollar as the Reserve Currency?]

The following are 10 reasons why the reign of the dollar as the world reserve currency is about to come to an end:

#1: China And Japan To Use Own Currencies In Bilateral Trade

A few months ago, the second largest economy on earth (China) and the third largest economy on earth (Japan) struck a deal which will promote the use of their own currencies (rather than the U.S. dollar) when trading with each other. This was an incredibly important agreement that was virtually totally ignored by the U.S. media. The following is from a BBC report about that agreement:
China and Japan have unveiled plans to promote direct exchange of their currencies in a bid to cut costs for companies and boost bilateral trade. The deal will allow firms to convert the Chinese and Japanese currencies directly into each other. Currently businesses in both countries need to buy US dollars before converting them into the desired currency, adding extra costs.

*#2: The BRICS Plan To Use Own Currencies When Trading With Each Other

The BRICS continue to flex their muscles. A new agreement will promote the use of their own national currencies when trading with each other rather than the U.S. dollar. The following is from a news source in India:
The five major emerging economies of BRICS — Brazil, Russia, India, China and South Africa — are set to inject greater economic momentum into their grouping by signing two pacts for promoting intra-BRICS trade…The two agreements will enable credit facility in local currency for businesses of BRICS countries…[which is] expected to scale up intra-BRICS trade*that has been growing at the rate of 28% over the last few years but, at $230 billion, remains much below the potential of the five economic powerhouses.

#3: China and Russia*Use Own Currencies In Bilateral Trade

Leaders from both Russia and China have been strongly advocating for a new global reserve currency for several years, and both nations seem determined to break the power that the U.S. dollar has over international trade. [In fact,] Russia and China have been using their own national currencies when trading with each other for more than a year now. [Read: Will the Trickle Out of the U.S. Dollar Now Become a Torrent?]

#4: Use Of Chinese Currency Growing*In Africa

Who do you think is Africa’s biggest trading partner? It isn’t the United States. In 2009, China became Africa’s biggest trading partner, and China is now aggressively seeking to expand the use of Chinese currency on that continent.

A report from Africa�s largest bank, Standard Bank, recently stated the following:
We expect at least $100 billion (about R768 billion) in Sino-African trade � more than the total bilateral trade between China and Africa in 2010 � to be settled in the renminbi by 2015.

China seems absolutely determined to change the way that international trade is done. At this point, approximately 70,000 Chinese companies are using Chinese currency in cross-border transactions.

#5: China and United Arab Emirates To Use Own Currencies In Bilateral Trade

China and the United Arab Emirates have agreed to ditch the U.S. dollar and use their own currencies in oil transactions with each other.

The UAE is a fairly small player, but this is definitely a threat to the petrodollar system. What will happen to the petrodollar if other oil producing countries in the Middle East follow suit?

#6: India To Use Gold To Buy Oil From Iran

Iran has been one of the most aggressive nations when it comes to moving away from the U.S. dollar in international trade. For example, it has been reported that India will begin to use gold to buy oil from Iran. [See: Video: India to Pay for Iranian Crude Oil in Gold Instead of Dollars]

#7: Saudi Arabia Likely to Abandon*Use of*Petrodollar in Dealings With China

Who imports the most oil from Saudi Arabia? It is not the United States, it is China…Saudi Arabia and China have teamed up to construct a massive new oil refinery in Saudi Arabia…so how long is Saudi Arabia going to stick with the petrodollar if China is their most important customer? [Read:**2012: The Beginning of the END for the U.S. �Petrodollar�!]

#8: The United Nations*Continues to*Push For A New World Reserve Currency

The United Nations has been issuing reports that openly call for an alternative to the U.S. dollar as the reserve currency of the world. In particular, one UN report envisions “a new global reserve system…that no longer relies on the United States dollar as the single major reserve currency.”

#9: The IMF Has Been Pushing For A New World Reserve Currency

The International Monetary Fund has also published a series of reports calling for the U.S. dollar to be replaced as the reserve currency of the world. In particular, one IMF paper entitled “Reserve Accumulation and International Monetary Stability” actually proposed that a future global currency be named the “Bancor” and that a future global central bank could be put in charge of issuing it…. [Read: IMF Proposing New World Currency to Replace U.S. Dollar and Other National Currencies!]
A global currency, bancor, issued by a global central bank (see Supplement 1, section V) would be designed as a stable store of value that is not tied exclusively to the conditions of any particular economy. As trade and finance continue to grow rapidly and global integration increases, the importance of this broader perspective is expected to continue growing.

*#10: Most Of The Rest Of The World Hates The United States

Global sentiment toward the United States has dramatically shifted, and this should not be underestimated. Decades ago, we were one of the most loved nations on earth [but] bow we are one of the most hated. If you doubt this, just do some international traveling. Even in Europe (where we are supposed to have friends), Americans are treated like dirt. Many American travelers have resorted to wearing Canadian pins so that they will not be treated like garbage while traveling over there.

If the rest of the world still loved us, they would probably be glad to continue using the U.S. dollar but because we are now so unpopular, that gives other nations even more incentive to dump the dollar in international trade.

What will happen if the U.S. dollar’s reign*as the world reserve currency comes to an end?

The demise of the dollar will also bring radical changes to the American lifestyle. When this economic tsunami hits America, it will make the 2008 recession and its aftermath look like no more than a slight bump in the road. It will bring very undesirable changes to the American lifestyle through:

1. massive inflation,

2. high interest rates on mortgages and cars,

3. substantial increases in the cost of food, clothing and gasoline and*

4. the U.S. government is going to have a much harder time financing its debt. Right now, there is a huge demand for U.S. dollars and for U.S. government debt since countries around the world have to keep huge reserves of U.S. currency lying around for the sake of international trade but what if… the appetite for U.S. dollars and U.S. debt dried up dramatically? That is something to think about.

Conclusion

At the moment, the global financial system is centered on the United States but that will not always be the case. The things talked about in this article will not happen overnight, but it is important to note that these changes are picking up steam. Under the right conditions, a shift in momentum can become a landslide or an avalanche. [Read: What Would USD Collapse Mean for the World?]

Clearly, the conditions are right for a significant move away from the U.S. dollar in international trade. When will this major shift occur? Only time will tell.

*http://theeconomiccollapseblog.com/a…come-to-an-end *(To access the article please copy the URL and paste it into your browser.)
Editor�s Note: The above article has been has edited ([ ]), abridged (…), and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The article�s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.

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2. 2012: The Beginning of the END for the U.S. �Petrodollar�!

A major portion of the U.S. dollar�s valuation stems from its lock on the oil industry and if it loses its position as the global reserve currency the value of the dollar will decline and gold will rise. Iran�s migration to a non-dollar based international trade system is the testing of the waters of a non-USD regime�transition to a world in which the U.S. Dollar suddenly finds itself irrelvant. [Let me explain.] Words: 1200

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4. Why America Should Relinquish Reserve Status for its Dollar

Conspiracy theory notwithstanding, claims that the reserve status of the U.S. dollar unfairly benefits the U.S. are no longer true. On the contrary, it has become a burden, both for America and the world. [Let me explain.] Words: 825

5. *Will the Trickle Out of the U.S. Dollar Now Become a Torrent?

Yesterday, another brick was taken out of America�s dollar fundamentals. China and Russia have announced that they intend to stop using the U.S. dollar and begin to pay for trade between their two countries in renminbi and rubles, respectively, from now on. It begs the following question: Will the OPEC countries of the Middle East follow suit in abandoning the U.S. dollar? Words: 614

6. The U.S. Dollar: Too Big to Fail?

Those in the U.S. power structure know what the plan is if the U.S. dollar should fail. They are not admitting publically that there is even the remotest chance that it could happen but, rest assured, there is a plan. There is always a plan. To paraphrase Franklin Roosevelt, nothing happens by chance in government, so don�t be caught up in such a �surprise� event � whatever it may be and whenever it occurs. Words: 1345

7. Is There a Viable Alternative to the Dollar as the Reserve Currency?

Within the recent retracement of the U.S. currency there has been endless speculation about the future role of the dollar as the world�s primary reserve currency. Moreover, there has even been conjecture that the dollar will no longer exist at some point in the near future but any case made for the vulnerability of the dollar falls short when it comes to naming alternatives. Words: 631

8. What Would USD Collapse Mean for the World?

I came to the conclusion several years ago that it was just a matter of time before the world realized that the relative functionality of the U.S. dollar was about to go belly up � to collapse � and that that time happened to coincide with that fateful date all the prophecies are going crazy about � 2012! Words: 881

Three-Peaks and a Domed House Pattern Suggest Gold Will Plunge to $1,300/ozt!

The price of*gold is still in the “Plunge” phase of the “Three-Peaks and a Domed House” pattern [and is projected to drop to the lowest price of the enitire pattern which is $1,300 per troy ounce. Yes, $1,300! Words: 868

So says Dr. Nu Yu (http://fx5186.wordpress.com) which Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), has further edited ([ ]), abridged (…) and reformatted below for the sake of clarity and brevity to ensure a fast and easy read. The author’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement.

Who in the world is currently reading this article along with you? Click here
Dr. Yu goes on to say, in part:

“Three Peaks and the Domed House” Pattern for Gold is saying…

My version of George Lindsay’s basic model uses a macro or “phase-counting” approach which is different from Lindsay’s classical micro approach (which uses “number-counting” from 1 to 28) in that it divides the “Three Peaks and the Domed House” pattern into five major phases as follows:

Three Peaks
Basement
First Floor
Roof
Plunge

The “Plunge” phase typically comprises two powerful down-waves. The first down-wave from point 25 to point 26 has finished. Now gold could be still near point 27 right before the second powerful, also most severe, down-wave from point 27 toward point 28. The price target is projected at 1300 which is the lowest price of the entire pattern.

As the chart above depicts:

the “Three Peaks” Phase*- points 2 through 9 -*in gold developed*during the months of*November*and December 2010
the “Basement” phase (bear trap) points 10 through 14 -*formed in late January of this year when gold had a separating decline to reach a low at $1310 per ozt. in early February
the “First Floor” phase points 15 through 20 of the Domed House*was built during May and June
the “Roof” phase (bull trap) points 21 through 25 -*began in early July and concluded in August
The “Plunge” phase has been underway since early September and gold could now go as low as $1,290/ozt. to $1,300/ozt. before moving higher again.

*http://fx5186.wordpress.com/author/fx5186/

Other Articles By Nu Yu:

1. Watch Closely! S&P 500 May Be Forming a “Three-Peaks and a Domed House” Pattern

The S&P 500 index is in the progress of potentially forming a “Three-Peaks and a Domed House” pattern as shown in the chart below. [Take a look and see what the implications could well mean.] Words: 823

2. These Indicators Suggest Stock Markets Have More Upside – and Gold Some Uncertainty

A look at a variety of technical analyses all clearly indicate that the S&P 500?s run is by no means over. Here are some charts and an analysis of what they mean for the markets, the U.S. dollar and gold. Words: 1234

3. Pattern of Charts Suggest Gold and Equities Going Higher into 2011

My technical analyses of the future direction of the U.S. dollar, the price of gold and the American and Chinese stock markets suggest that the near term should be somewhat choppy but with a favorable upward bias for gold and the markets. Let me illustrate my findings with the following charts and explanations. Words: 965

4. Direction of Gold, USD and U.S./Chinese Stock Markets – w/e Nov.26

All is not necessarily as it seems according to market analyses on the anticipated direction of the U.S. Dollar Index, gold and the U.S. and Chinese stock markets.* The direction of one sector is up when all the talk is of its demise, another sector is muddling along when all the talk is about its dramatic future prospects and the other sectors have their share of surprises too. Let’s take a look at what the charts tell us. Words: 934

5. Signs of Strength in U. S. Dollar at Expense of Gold and U.S. Stock Market

Technical analyses suggest that the U.S. dollar index could well see resurgence in the short term with both gold and the various U.S. stock markets undergoing +5% corrections while the Chinese stock market rebounding from last week’s set-back on its way to record levels. Words: 732

6. Gold Performance to Continue to Lag That of Stock Market

Gold and silver have had a sharp move downward in response to China’s first interest rate hike last week while the stock market inched up.* It raises the question of whether gold is decoupling from the stock market. Words: 897

7. So Much For Gold! Chinese Stock Market to Outperform!

There has been a great deal of excitement about the recent performances of gold and silver with most analysts extremely optimistic regarding its potential. That being said technical analysis shows that it is in for some choppy seas ahead compared to the surging seas of the Chinese stock market. Perhaps today the refrain “Got Gold?” should be replaced with the words “Buy Chinese Stocks!” Words: 1004

8. Stock Markets Have Major UPSIDE Potential

The U.S. stock market finished the month of September with its best performance in 71 years, i.e. since September 1939. The Dow Jones Wilshire 5000 index, as a benchmark of the total equity market, has gone up 10% since September 1 and all my analyses indicate that the market could see continued strength until at least sometime after the November elections. Words: 614

Situation is Ultra-bullish for Gold & Silver Bullion and Stocks! What are You Waiting For?

The technical situation is ultra-bullish for both gold and gold stocks. Sentiment indicators…continue to show [that] the dollar is poised for a serious decline and*the MACD on the gold chart is giving one of the most powerful buy signals in the history of the bull market. The GDX should reach $75 a share by year-end and gold*should push to new highs in the $2000 area by January of 2012 [while silver] could possibly be the best investment opportunity available to investors for many years to come!*[Let me explain and back up my comments with an array of charts.] Words: 781

So says Morris Hubbartt (www.SuperForceSignals.com) in his most recent Weekly Market Update* which Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), has further edited ([ ]), abridged (…) and reformatted below for the sake of clarity and brevity to ensure a fast and easy read. The author’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement.

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Hubbartt*goes on to say, in part:

The U.S. Dollar

Sentiment indicators…continue to show [that] the dollar is poised for a serious decline. My technical work continues to project a 65-66 longer term target. This dollar forecast, if it even plays out partially, is enormously bullish for hard assets. See US Dollar Chart Sentiment

Gold Bullion

The correction in gold has been healthy and necessary. A significant rebalancing market sentiment has occurred, putting the gold market in a powerful stance. The MACD on this chart [See Gold Super Highway Chart]*is giving one of the most powerful buy signals in the history of the bull market.

Leverage has been greatly reduced because the speculators have been “stop lossed” out of the market, in size. Gold held strongly without the support of these leveraged speculators, and this is the exact situation that sets the stage for a major advance.

When the traders with the most money (the commercials) step up the size of their investments, that has historically been the time to employ capital, rather leverage your position for a quick trading gain. The gains that occur when the market is positioned as it is now can be absolutely enormous.

Gold Miners Bullish Percentage Index

I’m using a number of charts this week to demonstrate the oversold and undervalued nature of the entire precious metals sector. The $BPGDM is the “gold miners bullish percentage index”. It is an index designed to show the bullish or bearish posture of gold stocks.

With this chart [See $BPGDM Against Gold Chart]*I’m using the RSI indicator to demonstrate a historical key bull market oversold reading coupled with an indicator, to show key turning points.

Substantially oversold gold stocks are indicated in the top portion of the chart. In the middle of the chart is the gold price, and I’ve highlighted what has been impeccable timing of the commercial traders.

The bottom line is that the technical situation is ultra-bullish for both gold and gold stocks.

GDX ETF

Patience is required to win the prize in this volatile sector. The target for the GDX chart [See GDX Breakout Chart]*in short term is $64. I’m projecting $75 a share for GDX by year-end, and $95 based on the h&s pattern. My longer term target (about 18-24 months) is $133.

GDX vs. Gold

This chart [See GDX Against Gold Bullion Chart] is quite dramatic. It is visual picture showing how undervalued gold stocks are in comparison to gold. The first target for GDX is the $64 area. From there to get GDX to the targets mentioned above, it will require gold to push to new highs in the $2000 area, which I am projecting will occur by January of 2012.

GDXJ ETF

What volatility takes away, a disciplined buy/sell program will assist in getting back for you. The gold junior stocks are a sector in which it really does pay to buy weakness and sell strength to survive the volatility. Note the blue horizontal target area lines on the chart [See GDXJ Targets Chart].*Achieving both of those should put some zip back into your portfolio, and I’m very sure it’s going to happen!

Silver

Silver remains one of my favorite assets. I expect silver to trade with gold in the shorter term, followed by a “command performance”, similar to what we saw in the spring of this year. Technical patterns, sentiment, and smart money buyers indicate that silver could possibly be the best investment opportunity available to investors for many years to
come!

*http://www.321gold.com/editorials/sf…rtt102811.html

Related Articles:

1. Is Gold On Its Way to $3,000, $5,000, $10,000 or Even Higher? These Analysts Think So

143 analysts maintain that gold will eventually reach a parabolic peak price of at least $3,000/ozt. before the bubble bursts. Of those 143 a total of 103 see gold achieving a price of at least $5,000/ozt. and 20 predict that gold will reach a parabolic peak price of $10,000 per troy ounce or more. Take a look here at who is projecting what, by when and why. Words: 745

2. History Says Silver Could Become the Next 10-Bagger Investment! Here’s Why

If you concur with the 159 analysts (see below) that maintain that physical gold is going to go parabolic in price in the next few years to $3,000, $5,000 or even $10,000 or more then you should seriously consider buying physical silver. Why? Because the historical gold:silver ratio is so way out of wack that silver should appreciate much more than gold as it goes parabolic in the years to come. Indeed, silver could easily reach $100 $200 per troy ounce, maybe even $300 and conceivably in excess of $400 depending on how high gold goes. The aforementioned may be hard to believe but an analysis below of the historical price relationship between silver and gold suggests that such will most likely occur if gold does, indeed, go parabolic. Take a look. Words: 1423

3. Gold to Bounce Back to $2,250 – $3,000; Silver to $52 – $62; HUI to mid-900s by Year End

A tsunami doesn’t start with a bang, but with a whimper.* The first sign is a little hump in the water way out in the distance that is barely notable.* Anyone who catches a glimpse of it simply continues to expect the day to be the same as the last many days – calm and beautiful waters along the shore.* This is the point where we are, today in the Precious Metals sector. Many have seen the little roll of water out in the distance as Gold edged up in the first move of a more parabolic slope, yet most investors are mired in the same expectations of yesterday – a return for Gold to correct down into a lower base. Our analysis based on the fractal relationship to 1979* shows, however, that the mid 900s are a realistic target for the HUI by the end of the year or early in 2012; that $52 to $56 should be achievable for silver, with $58 to $62 as real possibilities; and that Gold should go the $2250 level followed by $2500 with the potential for $3,000, or a bit higher, now on the radar screen. Let me explain why that is the case. Words: 2130

4. Aden Sisters: Buy Gold NOW as it Corrects on its Way to $2,000

When you just consider the downgrade of U.S. debt, the jobs problem, the housing situation, the European bank concerns and their debt crisis, the negative outlook for the global economy, not to mention that the Fed will likely seek new measures to help the economy, we just don’t see gold coming down any time soon, other than having a normal downward correction [as currently is the case. Let us show you why.] Words: 1102

5. Is it Time to Load Up on Gold Stocks?

By almost any measure, gold stocks are undervalued but should we load up? Gold mining companies are earning record margins. Stock prices, however, have not responded in similar fashion but when the broader investing community begins to take notice, investors will snap up these highly profitable stocks and push prices higher. The “catch up” in gold stocks could be tremendous but the question, of course, is timing. We don’t know when gold stocks will begin to catch up and the data don’t suggest they must rise right now or that they’ve hit bottom so should we load up just now? Words: 590

6. Is It Time to Nibble at Gold Miner Stocks?

The behavior of the stocks of the various gold miners in recent times warrants special attention. Let’s take a look at the GDX:GLD ratio, the Gold Miners Bullish Index* and the volatility of the currencies and stock market indices of the emerging markets where most of these mines are located and determine what they suggest as to what we could well expect in the performance of such stocks in the months ahead. Words: 585

7. Peter Schiff on Gold: Don’t Look a Gift Horse in the Mouth!

Following the crowd has never been the reason to buy gold. After all, that same logic would have recommended buying a house in Phoenix five years ago. Since the fundamentals still point to gold’s long-term viability… why [are] investors responding by selling gold and buying dollars and euros? I was always told not to look a gift horse in the mouth… [so] take advantage of the dip. Words: 880

8. Investors: Focus NOW on Gold & Silver Miners – Here’s Why

Millions of investors have stormed into US Treasuries. Some have even settled for negative yields on Inflation Protected Securities (TIPS). They are making a terrible mistake, [however,] because right now a handful of gold mining stocks offer much more upside and immediate yield than T-bonds. [Let me explain.] Words: 1119

9. Gold Stocks: Get Ready, Get Set, GO!

Both gold and silver continue to trade well below their inflation-adjusted highs in nominal terms, and the market is now beginning to acknowledge the profit potential that precious metals equities offer at today’s bullion prices. We believe the equities will offer more upside than the bullion over time.* Many of the smaller names are well priced and have momentum behind them. The prospects for gold stocks look extremely bright [for very good reasons. Let us explain.] Words: 2250

10. Eric Sprott: Financial Train Wreck Coming Soon! Got Gold? Better Yet, Got Silver?

We have a financial system that’s on the edge of a cliff here. People have to be in precious metals if they want to protect themselves. Everyone who’s an investor has money. They have it invested in some paper instrument and when they realise they have a problem with their money in a bank or owning some government note the demand for gold could just be overwhelming! It could be parabolic all of a sudden. Currently, only o.75% of the world’s financial assets are in gold so just imagine what a 5% to 10% interest in gold would mean for its price. On top of that, I believe that silver will get back into a 16:1 ratio to gold in three to five years for sure so that means that silver is going to have a great upside potential. Got gold? Better yet, got silver? Words: 5169