Holmes says that "normal" volatility for gold in a 12 month period is up 15% or down 15%, and gold stocks as much as 40%.
Those looking to get into the market should look for a 5 -10% correction as a potential to buy-in.
(AuCanary: current fundamentals and technicals are important too.)
Video: http://www.kitco.com/KitcoNewsVideo/kitco_news.htm "Gold in Secular Bull Market: Frank Holmes - Nov. 3, 2010"
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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