2016 - Golden Year for Gold
According to Cycles
Written and posted by IPM Group 9th February 2016
Please note: Disclaimer at the end of this article.
Gold charts are courtesy of goldprice.org
Gold in 2016 has long been targeted by cycle analysis as the start of the new super bull market, not only in gold but across the precious metal spectrum. A culmination of the ongoing build-up in the worlds debt crisis will ultimately tear confidence apart in central government and central banking prowess to save everyone. With the popping of the debt markets, a flight from bond markets and asset classes dependent on debt (real estate) will flow into hard monetary assets.
Note : Nothing moves in a straight line, year 2016 will be a long term buying opportunity for the smart investors. Expect extreme volatility in either direction. Buying on any dips this year is essential to protecting your wealth portfolio going forward.
So rather than writing anymore here, let us proceed with how Gold has performed against world currencies over the last 4 to 6 weeks of this new year 2016. We have listed just a few examples.....
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Disclaimer : The information contained in this website should be used as general information only. It does not take into account the particular circumstances, investment objectives and needs for investment of any investor, or purport to be comprehensive or constitute investment advice and should not be relied upon as such. You should consult a financial adviser to help you form your own opinion of the information, and on whether the information is suitable for your individual needs and aims as an investor. You should consult appropriate professional advisers on any legal, taxation and accounting implications before making an investment.