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February 17, 2013 / Jeb

Gold and Silver Building Base For Eventual Breakout

Governments all around the world are flooding the markets with cheap fiat currency to artificially boost moribund economies.  They are not cutting entitlements like they should be doing.  Instead, they are raising taxes and inflating their way out of debt which may hurt any meaningful long term economic growth.

Around the world gold has outstripped every competitive currency for the past ten years, yet the mainstream fail to understand the importance of owning gold and the gold miners.  Recently we have been in a sideways basing period in gold where the price has bounced between $1800 and $1550.  Gold may now be forming the base for a major breakout at $1800.

Read the full article by clicking here…

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