AuCanary GoldWisdom

For thousands of years Precious Metals (PM) such as Gold (Au) and Silver (Ag) have been utilized as real money for exchange, wealth store, and metric of value. While I am NOT an advocate of one single commodity backing our money (like a gold standard), I do believe that the price trend of PMs are the most important indicators of the value of fiat money, plus the crimes of corrupt banking corporations and governments that manipulate PM prices. The "Canary in the coal mine" is Gold - AuCanary.

Per WSJ: Aden Sisters say the end is almost here - but don't dump your stocks just yet.

By Peter Brimelow, MarketWatch

NEW YORK (MarketWatch) — A veteran hard-money letter is sticking to its apocalyptic scenario. But, while we’re waiting, stocks look good.

They wrote on Wednesday night: “The gold price is turning parabolic … in true form for the second phase of the bull market. It’s up almost 20% in the last 11 weeks, yet amazingly it could still rise further. Gold is super strong by staying above $1,310. Silver is even better; it’s up 36% in the same 11 weeks, and it’s super strong above $22. Likewise for gold shares … the Gold/Silver Index XAU -0.99% is very strong above 197.”

FULL STORY HERE