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New EW Silver Discovery – Alf Field Febr 2012
1 Feb 2012
Alf Field predicts $ 158 as the next target for silver Alf Field, my good friend and Elliott Wave Expert par excellence, has produced a superb analysis on silver forecasting that the next objective for silver is $ 158 which corresponds with [...]
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Gold Market Positioned for Massive Upside Move
31 Jan 2012
With Central Bank balance sheets exploding and no solution to the EU problems or the US deficits, unlimited money printing will accelerate. Egon von Greyerz covers these topics in two recent interviews with King World News and Metallwoche in Germany. King World [...]
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Die Metallwoche Interview with Egon von Greyerz
31 Jan 2012
Metallwoche international – presents Egon von Greyerz „Money printing everywhere“ With another EU- Summit just in front of us and Gold and Silber strengthening again, we speak to Egon von Greyerz not only about the market, but also about the worldwide debt [...]
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KWN interview with EvG Jan 23, 2012
26 Jan 2012
Eric King of King World News again had a brief telephone interview with Egon von Greyerz posted on the KWN blog on January 23. Von Greyerz – Gold Breaking Out, Will Hit New All-Time Highs The full interview before the not unexpected [...]
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GOLD CORRECTION IS OVER by Alf Field
12 Jan 2012
I am very pleased to share with our clients and readers my good friend Alf Field’s latest article on gold. Alf, who is based in Sydney, is one of the world’s most prominent forecasters on gold. He now believes that gold has [...]
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LAST CHANCE TO BUY GOLD UNDER $ 1,000
May 28th, 2009 by Egon von Greyerz“Don’t tell me what to buy, but tell me when to buy”!
Back in 2002 we told investors to buy physical gold for up to 50% of their liquid assets. Since then gold is up between 220% and 280% depending on base currency.
Thus it was very clear to us back then what the effect of the disastrous mismanagement of the world economy would be. But it is even clearer what will happen next. We are now going into the phase of recognition. This is the phase when the world at large is slowly waking up to the fact that printing unlimited amounts of money will make many currencies – and in particular the US dollar – worthless. We have repeatedly stated that you cannot solve a problem by making it bigger – i.e. to print colossal amounts of dollars, pounds etc. will only add fuel to the fire and exacerbate the already insoluble credit/derivative bubble.
So we already told investors what to buy years ago. Now as we are approaching the point of recognition when investors are starting to wake up to the fact that they need to protect themselves. Gold is the only currency and asset which will give protection against collapsing currencies and assets. Within the next two months the investment world will wake up to this fact and gold is going to exceed $ 1,000 and never look back.
Right now is likely to be the last chance to buy gold under $ 1,000. We expect gold to go up quickly in the next few months and never look back. So today is probably the last chance to buy gold under $ 1,000 for many years and maybe for ever. But remember that for wealth preservation purposes it must be physical gold in your own possession and stored safely outside the banking system.
There will be more in Matterhorn Asset Management’s June Newsletter to be published next week.
28th MayGold Switzerland - Matterhorn Asset Management
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