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Precious Metals and Natural Resources Investing

 

 

What a Strong Bull Market Looks Like

By Adam Brochert



Here it is in all it's glory, the 10 year weekly log scale chart of Mr. Gold:





Here's a previous historic example of a similar strong bull market at the same phase of the bull where Gold is now (erased names and dates for fun):





And here's what came next in the historical example above:





The other investment/asset class I am aware of still in a long-term bullish market alignment is U.S. government debt (i.e. U.S. bonds), which is a deflationary sign, not an inflationary one. Oil and other commodities are no longer in a bullish alignment. Gold is a currency. Gold is money. Gold thrives in a Kondratieff Winter as people scramble down Exter's liquidity pyramid to the safety of the pyramid's apex.

 

More on this topic (What's this?)

Germans to Install Gold Vending Machines (naked capitalism, 6/17/09)

Gold Gone (COTs Timer, 6/15/09)

"Sell Everything: Focus On Stocks And Bonds... Don't Forget Dollars... Oh Yeah, Buy Gold" (Zero Hedge, 5/21/09)

Read more on Investing In Gold, Bull market at Wikinvest

 

 







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