Sunday 23 June 2013

The Gold Bulletin Special Edition - 23rd June 2013


The Gold Bulletin Special Edition - 23rd June 2013

The Gold Bulletin - Special

from 23rd June 2013

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Hello ----

As you know we usually post a technical Gold and Silver update every two weeks to give readers a perspective on where the precious metals are headed from some of the top analysts, investors and traders in the industry.

Our next update was not scheduled to come out until next weekend but we wanted to post some comments this week on the market given what happened to Gold and Silver.

I keep saying on the gold talks when owning gold and silver you have to be in the end game. It's like in the Rocky movies - It's not over 'til it's over. We may take hits along the way but then if we do nothing (this means not selling and keep accumulating) we will win - this is guaranteed.

We hope you find this week's Special Gold Bulletin helpful and educational.

All the best, sincerely,

Stefan Kramer
CEO


Special Update for the Gold & Silver Market

No doubt that for those of us who are Gold investors it was a challenging week. However when looking at the big picture the primary trend is still in place. All the talk this week was on how the Federal Reserve is going to begin to start to slow down or stop their asset purchases as the economy recovers.

Most asset classes sold off on this news with Gold and Silver being hit particularly hard.

Given the state of the economies in the US, Europe and Japan it is going to be very difficult for Central Banks to stop the money printing. So the Fed can stop the bond programs and risk a deflationary collapse or keep buying bonds and risk a currency crisis. Neither is a good option.

We have seen that when a country implements austerity it does not work. Governments have shown no discipline to manage their finances because the deficits are simply too large. As a result the Central Banks are going to have no choice but to keep printing money. 

We here at Celtic Gold believe that the precious metals will protect people from the debasement of paper currencies and from the systemic problems in the banking system. 

In our view we are close to a turning point in Gold and Silver. However each person needs to come to their own conclusion. Below are two articles and a video that go into more detail about what is really happening in the Gold market and economy in general. 

Remember true wealth means how many ounces of Gold and Silver you physically hold.

Please find below links to two articles which we think you may find interesting:

http://www.businessinsider.com/tapering-the-taper-talk-2013-6

http://www.zerohedge.com/news/2013-06-21/marc-faber-believing-bernanke-believing-santa-claus
 


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