Supply & Demand

Charts laying out my views for the gold price in 2020 and beyond.

Gold - very similar pattern to our last big breakout and $150+ advance.

When stock markets fall, precious metals will continue their secular bull market which initially started in 1971 with the last leg starting in 2000. Anyone doubting that we are in a bull market needs to look at the annual charts of gold in US dollars and Euros.

China's gold reserves stood at 62.64 million ounces (about 1,948 metric tons) at the end of November, central bank data showed Saturday. Chindia and Silk Road gold demand.

Mongolia's central bank announced on Tuesday that it has bought a total of 14.4 tons of gold from legal entities and individuals in the first 11 months of this year.

We are entering the ideal period to accumulate silver.

I don't usually like to forecast precise numbers, but, just for fun... $1700 Gold, $25 Silver and a Gold/Silver ratio of 68 within the next 6 months.

The gold price is determined in a Casino with massive leverage and has nothing to do with the real price of physical gold.

There is a "big fish" who, by a sleight of hand between futures and ETFs, who could be now in possession of 100 Moz of "physical" silver without making the silver price soaring.

Chindia and Silk Road gold demand for september.