“Moment of Historic Opportunity For Gold”

We’re at a moment of historic opportunity.
By Chris Martenson

Every year or two we update this report which lays out the investment thesis for gold. Here is this year’s version.

Silver is touched upon only as necessary; as a separate report of equal scope is required for that precious metal.

Gold is one of the few investments that every investor should have in their portfolio.

We are now at the dangerous end-game period of a very bold but very reckless & disappointing experiment with the world’s fiat (unbacked) currencies. If this experiment fails – and we observe it’s in the process of failing – gold will provide one of the best forms of wealth insurance. But like all insurance products, it only works if you buy it before you need to rely on it.

GoldCore: Comex Gold Cover Ratio

Read more on the “The Screaming Fundamentals For Owning Gold” from Chris Martenson.

Read more on the GoldCore.com blog.

DAILY PRICES
Today’s Gold Prices: USD 1072.00, EUR 979.44 and GBP 706.40 per ounce.
Yesterday’s Gold Prices: USD 1078.40, EUR 985.60 and GBP 715.38 per ounce.
(LBMA AM)

GoldCore: Gold in GBP - 10 Years
Gold in GBP – 1o Years

Gold lost $1.90 yesterday to close at $1072.70.  Silver was down a cent, closing at $14.15. Platinum gained $13 to $854.

IMPORTANT NEWS

“Chinese New Year looms and demand from China should provide support above the $1,000 level” said GoldCore – MarketWatch
Gold Edges Up; 2015 Silver Eagles Pad Record Atop 45.7M – CoinNews.net
Nikkei lower as investors look ahead to potential Fed rate hike – MarketWatch.com
Gold settles slightly higher after volatile session – fxstreet.com
Bubble fears as average London property hits £600,000 – cityam.com

IMPORTANT ANALYSIS

The Screaming Fundamentals For Owning Gold – GoldSeek.com
Gold Prices: The Big Picture – GoldEagle.com
Playing Chess with Obama Like Playing Chess With a Pigeon – International Man
The New York Times’ Leaden Analysis Of Gold – Forbes
India’s Failing Gold Monetization Scheme: Seizure Imminent? – Mises Institute

Read more News & Commentary on GoldCore.com


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