You may have noticed that we have added some young blood to our team, Tekoa Da Silva, publisher of Bull Market Thinking. His role is to extract the best insights from within Sprott and share these with you. Read his latest contribution here.
Today’s piece comes from long-time friend Bill Bonner. Paper currencies, such as the Yen, the Peso, or the Dollar, have existed for centuries. And they have always ended up worthless.
We are re-printing this piece with the permission of Bill and the Diary of a Rogue Economist.
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By Bill Bonner, Chairman, Bonner & Partners
Originally published February 27th, 2014
Our question for today: Is there really a new bull market for the yellow metal?
Of course, the answer is only known to...........
To read this article in full please click here.
In September 2011 the Gold Bugs index, the HUI stood at 630 as gold prices peaked, since then both have trended lower with the HUI losing about 65% of its value. The bottom has been called a number of times and after such a dramatic decline its difficult not to think that we are there now. However, as we all know the timing of any investment is crucial to its success and that is exactly what we are trying to do here, trying to pick advantageous entry and exit points. If you would like to know which stocks we are buying and selling please join us at ‘Stock Trader’ our premium investment service.
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