Monday, March 11, 2013

Update on Gold



An all too brief update on Gold is made necessary by recent moves on the ONLY true monetary store of value on this earth and by our VERY Bullish Call of last Spring which still stands, we assure you!!

Remember, last year the FED and the EU and other Monetary Authorities of the 1st world reclassified Gold as a riskless monetary asset and allowed all Member Banks to count it at 100% of Market Value, i.e. it would no longer be necessary to discount it by 50%.

As long-time readers are very aware, our prognostications on Gold have been ‘Right On.’  Therefore, our calls, given to subscribing clients first, reporting these details here been delayed by several months to protect the ‘Rights’ of our PAID subscribers to profit before we then release them on these FREE Blogs.

So stay tuned, so that you will eventually be aware of what we have said and when.

But do read and reread the first paragraph to get a sense of where we stand on this sensitive subject that is really ancillary to the direction and focus of this Website and Blog, but which MONETARY STORE OF VALUE is a real barometer of things to come, which “things to come” do promise to become horrifically unsettling and painful for all individuals and companies not suitably prepared!            

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