Friday, September 14, 2012

JSMINESET - GOLD BULLION PRICES

QE to infinity has now become a reality, and below is Jim Sinclair's 2009 Gold Angel snapshot..

This has been a long bull run, that has been an excellent buy and hold long term investment.

I remain concerned of a possible equity market sell off once the ''buzz'' from QE3 begins to fade away. This could trigger a sell off in the precious metals markets too, and would provide investors with a fresh buying opportunity.

Also, some excellent links on the size of the FED's balance Sheet from ZEROHEDGE.
The Fed's Balance At The End Of 2013: $4 Trillion
What Does A $4 Trillion Fed Balance Sheet Mean For Gold And Oil
Guest Post: Doug Casey On The Good, The Bad, And The Ugly Of Today's Journalism

No comments: