Gold Profits Delayed Not Denied!

The real rally in gold is yet to come, and will probably occur when the investors that sold American stocks for US dollars today, switch from those rapidly devaluing dollars into gold as a safe haven. We are beginning to see this now in after hours trading as gold rises to $918.
I could not have been happier about yesterdays bail out, blow out! I told some friends short it would be better for gold and silver if they passed the bailout bill because such an inflationary action would cause a rush to the precious metals. I'm just happy that the bill got defeated and that there are gold analysts out there a lot smarter than me. Here is an entirely cogent point from Gold Prices Newsletter.

The real rally in gold is yet to come, and will probably occur when the investors that sold American stocks for US dollars today, switch from those rapidly devaluing dollars into gold as a safe haven. We are beginning to see this now in after hours trading as gold rises to $918.

The real rally in gold is yet to come, and will probably occur when the investors that sold American stocks for US dollars today, switch from those rapidly devaluing dollars into gold as a safe haven. We are beginning to see this now in after hours trading as gold rises to $918.

We expect gold to challenge its old highs of $1000 be the end of the year. We are long on gold, big time, and would suggest that anyone who is not long on gold at present, buy a position to protect your portfolio from this financial turmoil, which is going to get a lot worse before it gets better.

Even if the bill is approved, it will have the effect of giving a short term boost to the US stock markets, and hence a dampening effect on gold, but in the long term gold would rise dramatically because of the $700billion cash injection. This is a dramatic increase in the money supply and therefore would create serious inflationary pressures, steering investor funds to the best inflation hedge, gold.

To stay updated on our market commentary, which gold stocks we are buying and why, please subscribe to The Gold Prices Newsletter, completely FREE of charge. Simply click here and enter your email address.

For those readers who are also interested in the silver bull market that is currently unfolding, you may want to subscribe to our Free Silver Prices Newsletter.

The real rally in gold is yet to come, and will probably occur when the investors that sold American stocks for US dollars today, switch from those rapidly devaluing dollars into gold as a safe haven. We are beginning to see this now in after hours trading as gold rises to $918.

We expect gold to challenge its old highs of $1000 be the end of the year. We are long on gold, big time, and would suggest that anyone who is not long on gold at present, buy a position to protect your portfolio from this financial turmoil, which is going to get a lot worse before it gets better.

Even if the bill is approved, it will have the effect of giving a short term boost to the US stock markets, and hence a dampening effect on gold, but in the long term gold would rise dramatically because of the $700billion cash injection. This is a dramatic increase in the money supply and therefore would create serious inflationary pressures, steering investor funds to the best inflation hedge, gold.

To stay updated on our market commentary, which gold stocks we are buying and why, please subscribe to The Gold Prices Newsletter, completely FREE of charge. Simply click here and enter your email address.

For those readers who are also interested in the silver bull market that is currently unfolding, you may want to subscribe to our Free Silver Prices Newsletter.

Today the $700 billion bailout bill failed to be passed.

This caused massive swings in every market across the world, but what does this mean for gold investors?

In our opinion today investors dumped stocks heavily and this created a run into the US dollar, causing it to make some gains. This dampened the gains that gold would have made, but the crucial thing is that gold was making gains as the US dollar was rising too. Since they usually move in opposite directions, this is a sign of the tremendous strength building behind the yellow metal.

The real rally in gold is yet to come, and will probably occur when the investors that sold American stocks for US dollars today, switch from those rapidly devaluing dollars into gold as a safe haven. We are beginning to see this now in after hours trading as gold rises to $918.