Taipan Daily: Why Gold Is Poised for an Epic Run by Erin Beale, Group Publisher, Taipan Publishing Group
Is the five-day market rally too good to be true? Gold has hit a seven-month high… stocks around the world are the highest they’ve been in the past 11 months… and we’re seeing the biggest equities winning streak since November. Add in a better-than-expected jump in consumer sentiment and raised guidance from FedEx, and you’ve got yourself green ticks all around.
But are we now due for a correction? Can gold continue on this bullish streak? Adam reveals the directional indicators his "Master Chart" is showing, and Justice takes the gold argument head-on this week…
Back to Bullish on Gold Stocks
The Fed has basically said to the markets, "WE WANT INFLATION" at a time when the health of the consumer is still a grave concern. As far as printing press concerns go, they are gonna let that sucker rip... and the news that Ben "Helicopter" Bernanke is to be reappointed further supports the positive outlook for gold stocks.
According to Justice, not only do gold stocks have the Fed squarely in their corner, they also have the potential to benefit from a return of economic gloom. Find out why gold went nuts and how to profit from it right here…
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Four Reasons Why Gold Is Poised for an Epic Run
We know there has been a major sentiment shift in favor of precious metals. We know the broad economy story is ugly and getting uglier, and that gold stocks historically did well in the Great Depression. We also know that traditional "liquidity trap" fears may also be invalidated by the willingness of central banks to try fantastically aggressive never-before-used measures.
Already this year the price of silver has soared 40%. And it's not done its run. Editor Zach Scheidt has found a unique way to profit off the metal so you could make as much as 130 times your money using government-issued "silver shots." These "silver shots" move in line with silver prices... but because of their unique composition, "silver shots" move exponentially higher than silver itself.
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Economically speaking, the rally ought to be dead in the water by now, what with all the overhang from such threats as "falling wages, falling revenues, brutal cost cuts, imploding state budgets, contracting credit lines, rising unemployment, rising credit defaults, rising construction loan defaults, rising government debt issuance, and rising consumer savings."
Does this mean that the next year will yield a 10% drop, just as we saw in 2004? That the markets will rise for four years after that? Hear what Adam’s "Master Chart" says – and how you can profit – right here…
The Merits of Uncivil Discourse
As you have probably heard, during President Obama’s healthcare speech Wednesday night, Representative Joe Wilson felt moved to let loose a vocal outburst. Specifically, Wilson shouted "You Lie!" when the POTUS said his healthcare plan would not mean insuring illegal immigrants.
But should such outbursts be automatically considered "out of line"? Should the commander in chief be accorded such automatic deference, civility and decorum? America has imported a number of old traditions from merry old England. But this demand for civility certainly isn’t one of them. Hear Justice’s take… and weigh in for yourself right here…
Why Peter Leza was offered $500,000… and turned it down
Most people would jump at the chance to cash a check for $500 grand… but not Peter Leza. Why? Because he knows a little-known wealth secret that allowed him to turn a measly $500 into $5 million.
So, when an investor offered him $500,000 for a small stake, Peter laughed and walked away. Even more incredible, you have a rare shot at collecting huge gains like Peter did – from the very same secret he used – right now.
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