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Major Low in Gold, before end of July – $500 of “easy upside”

Major Low in Gold, before end of July – $500 of “easy upside”
==

Amer-GoldHead-Jul14E

> VIDEO: https://www.youtube.com/watch?v=kj0ufr7HyXo
“Gold Low before the End of July 2014…”
“With $500 of Easy upside.”
And that’s only if Gold climbs back to the level suggested by outstanding US$ debt. As the debts climb, the upside increases. And if the Gold price moves back to the Top of the Channel, there is $1,000 -1,200 of upside. Or in other words: Gold could rise to $2,300-2,500, perhaps within the next year. Experts like Jim Sinclair and Eric Sprott have predicted gold will hit $2,000 within 2014, so a huge price move may arrive quickly, once the Low is in place.

An EXCERPT from a longer conversation with Mr “Beta” in London, carried on the Green Energy channel

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GLD / Gold versus etf Holdings

Gold-in-Exchange-Traded-Products.png

Weekend Results – SPDR Gold Holdings
Week: GLD-etf : ==Gold== : tonnes: Gold Oz.s :
12/27 : $116.12 : $1,205.32 : 798.22 : 25.662mn
01/03 : $119.29 : $1,237.20 : 794.62 : 25.547mn
01/10 : $120.26 : $1,245.90 : 793.12 : 25.499mn
01/17 : $120.93 : $1,252.90 : 797.05 : 25.625mn
01/24 : $122.29 : $1,266.90 : 790.46 : 25.413mn
01/31 : $120.09 : $1,244.40 : 793.16 : 25.500mn
02/07 : $122.17 : $1,265.90 : 797.05 : 25.625mn
02/14 : $127.16 : $1,317.10 : 801.25 : 25.760mn
02/21 : $127.62 : $1,328.60 : 798.31 : 25.666mn
02/28 : $127.62 : $1,328.60 : 803.70 : 25.839mn
03/07 : $129.09 : $1,339.90 : 805.20 : 25.887mn
03/14 : $133.10 : $1,382.50 : 816.59 : 26.253mn
03/21 : $128.47 : $1,334.50 : 816.97 : 26.266mn
03/28 : $124.56 : $1,294.90 : 816.97 : 26.266mn
04/04 : $125.57 : $1,302.30 : 809.18 : 26.016mn
04/11 : $126.93 : $1,318.40 : 804.42 : 25.863mn
04/18 : $124.75 : $1,294.60 : 795.14 : 25.564mn
04/25 : $125.43 : $1,302.00 : 790.00e:
05/02 : $125.06 : $1,300.70 : 782.85 : 25.169mn
05/09 : $124.10 : $1,289.40 : 782.85 : 25.169mn
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+-2014 : + 6.87% :: + 6.98% : -1.93% :
Despite a Rise in Gold this year, the Gold backing of the GLD etf has declined in 2014.
The year has brought a near 9% gap, since Gold is up about 7% in Cal.2014, while:
Gold Holdings by the SPDR Trust have fallen by about 2%
Americans seem to prefer speculating on overpriced stocks, rather than buying a secure Hard Asset like gold.
This sort of speculative madness will not go on forever.


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HOW DUMB are Investors ? – asks the WSJ

The problem is they are driven by Fear and Greed

“A new study finds that the average investor in all U.S. stock funds earned 3.7% over the last 30 years.”

Over the same period the S&P 500 Index returned 11.1% annually
So investors underperformed that index by 7.4% (!!)

Why?
+ Most funds underperform the SPX
+ A bigger factor is that investors chase returns jumping into expensive “hot funds”,
+ “In down markets, people get scared and leave’

(That last point makes me think of Gold now)

 


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Get Set for the next Major Low in Gold prices, and more…

I reckon we will see an important LOW in Gold and Gold shares prior to the end of July 2014. 

Indeed, that Low may already be in place.  So isn’t it a good idea to get on-board near the beginning of the rally?; Rather than waiting months, or years for the next big rally in Gold to be widely perceived.

Most people wait for confirmation by the press and general sentiment, to participate.  If you do wait, you may miss out on the big early profits, and lower risk investments that are captured by those who spot a new trend early.

At the same time, there are many changes happening in the world.  The global economy, and the way we thing is likely to go through chaotic change.  On GEI, we believe that Truth and Change with become the watchwords of a new era which is starting in 2014, and there is plenty to discuss – to get ready for life-disrupting transformations.

I already have an active website, at: http://GreenEnergyInvestors.com

On that site, you can find my GEI Blog, called: “DrBubb’s Diary”

And there are usually several posts each day.  On this Blog, here on GoldEdge, I will plan to post the best 2-3 entries each week.  So this is a great place to catch the highlights, if you do not have time to dive into the detail on the main website.  There you can find not only the comments from myself, Dr Bubb the founder of GEI. But also posts and Investment Blogs of many of our active members.

And if you want to Comment on my posts, you can do so here, or on GEI.  It is not hard to become a member.  It is free.  You just need an invitation, or to know a certain key word or phrase to join up on your own.  More will be revealed on that later.