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.
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Showing posts with label sell gold. Show all posts
Showing posts with label sell gold. Show all posts
When to Sell Gold - Casey Research
Full article on Casey Research: HERE.
ZH "guest post" by Tony Coxon suggests when to sell gold.
Tony suggests to look for these signals:
- Gold and gold-related financial products will be commonplace.
- Gold going mainstream will be a sign that the bull market may be over.
- You'll be hearing a lot of chatter (amongst common sheople circles) about gold investing.
- The gold standard will become respectable.
- Other things will look cheap to you.
... and for long term holders of gold (5-10 years or more) I will add a just few more criteria to Tony's list:
- Gold price resistance is seen at $10,000 (use this rule only if milk is under $75/gal).
- All your teeth fall out from increased chem-trail activity.
- Flocks of CANARIES follow you everywhere .
- Robert Zoellick has dinner at your house.
- Ron Paul is appointed by President Schwarzenegger to head the FED Board of Governors
aucanary
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