Spamdex - Spam Archive

Report spam

Send in your spam and get the offenders listed

Create a rule in outlook or simply forward the spam you receive to questions@spamdex.co.uk

Also in e.moneyandmarkets.com

Gold Cracks $1,100. Here's What's Next ...

Having trouble viewing this email? View it online.
Wednesday, July 22, 2015
Money and Markets
YOUR BEST SOURCE FOR THE UNBIASED MARKET COMMENTARY YOU WON'T GET FROM WALL STREET
Gold Cracks $1,100. Here's What's Next …
by Larry Edelson

Dear ,

Larry Edelson

Few people believed me when I repeatedly warned that gold was still in a bear market and had not yet bottomed.

They said European Central Bank (ECB) money printing would surely light a fuse under gold and propel it higher.

They said the rising tides of terrorism and war around the world would surely send it higher.

They said inflation would come roaring back, and gold would soar.

They even claimed China was aggressively accumulating massive amounts of gold, cornering the market to make its currency, the yuan, the strongest in the world.

Some even said it will soon be known to all that our own Fort Knox doesn't really have any gold and that our government got rid of it all years ago.

Multiply Your Money!

I'm so confident that simply by taking the right steps now, you can USE these fast-breaking events to multiply your money ... I am ready, willing and able to give you everything you need to help protect and multiply your wealth in 2015 — absolutely FREE!

Click here to view now! –Larry

Internal Sponsorship

While others claimed the dollar was going to crash, and hence, gold would shoot the moon.

To each and every one of these and more stories and conspiracy theories I said, "BALONEY."

They are all merely theories put out there by analysts who either don't have a clue what they are talking about, or have gross conflicts of interest, pretend analysts who are really gold dealers in disguise.

Instead, I said, the main facts are these ...

A. The world is awash in deflation and cash is king. You'll be hard pressed to find inflation anywhere. And certainly not in the two biggest economies in the world, Europe and the United States.

Moreover, as I have said all along, hair-brained policies enacted by inept politicians in Europe and the United States have sent money largely into hoarding cash, which by default is bullish for the U.S. dollar and deflation, and bearish for most asset prices.

True, some money is going into alternative assets like diamonds, artwork and jewelry — but that's big savvy money that largely wants to get off the grid.

After all, you can hop on a plane with $10 million worth of jewelry or even a Picasso, but try doing that with gold bars or coins and you'll likely have it confiscated and possibly even end up in jail.

B. $10 trillion of money printing can't do anything when global debts are as high as $500 trillion. How can $10 trillion of printed money by the world's central banks possibly make a dent in the global debt monster of nearly $500 trillion of official and unofficial government debt?!

It can't. Which is why all the money printing has done absolutely nothing to prevent deflation from taking hold.

C. Terrorism and war will not be immediately bullish for gold. One day — in the not-too-distant future — the majority of investors will wake up and smell the coffee: That Western governments of the world are going broke, and as a distraction, are engaging in policies that provoke both civil and international unrest and even war.

When that time comes, then gold will start to explode higher, with or without inflation. But for now, the majority of investors don't know what's going on.

So with almost every bounce in gold, they buy more. And then they get chewed up and spit out as gold plummets still lower.

This is a necessary process in the bottoming of any market, not just gold. The majority of investors cling to the wrong side of the market, almost all the way down.

D. China is not looking to corner the gold market. I've said this before and I'll say it again until I'm blue in the face.

A gold standard, in any currency, is ultimately contractionary and deflationary. It has never once worked, despite what anyone tells you.

It can't work. Why? Because authorities in charge of setting the official exchange rate between gold and paper money can change it at will. And because it subjects an economy to the nuances of new supplies of gold, or the lack thereof.

If China were to impose a gold standard, its economy would implode. It's that simple and Beijing knows it.

Moreover, as I have also stated many times before ...

1. China has never had a gold standard. Not once in its 5,000 year history.

2. China invented paper money. During the Tang dynasty (618–907). Known as "flying cash" that was backed by copper-based hard money, the paper notes were soon replaced by paper money with bank seals.

China's “flying cash” — first known paper money, developed by the Tang Dynasty (618–907).

China's paper money invention traveled westward with the Mongols, and by 1661, Marco Polo brought the paper money concept to Europe.

E. Western central banks have zero interest in gold. They too have no interest in a gold standard. Period.

In addition, as I have also stated before, many Western central banks will end up selling gold. Why? Two simple reasons:

1. Many are flat broke and need the cash. Greece will be among the first to dump gold (or be forced to). Portugal, Spain, even Italy and France will ultimately sell gold. As will other bankrupt European countries.

2. Neither the ECB or our own Federal Reserve want gold to be a part of today's monetary system. They don't even want paper money to be a part of it.

Instead, they are actively pursuing electronic currencies — so they can track and tax you and even shut down the banking system at the press of a button.

So what's next for gold? How low can
it go before it finally bottoms?

Subscribers to my Real Wealth Report and my premium trading services have my more specific targets, as they should.

So all I can tell you right now is ...

A. Gold will likely soon bounce higher. That in turn will get many analysts and investors excited, proclaiming the bottom is in. But ...

B. Once that bounce is over, gold will cascade lower to well below $1,000 before bottoming.

So don't be fooled. Gold will go still lower. And so will silver, platinum and palladium.

If you own inverse ETFs on any of the precious metals that I have suggested in the past, hold them. I'll let you know when precious metals have bottomed so you can grab your profits.

Best wishes, as always ...

Larry Edelson


The investment strategy and opinions expressed in this article are those of the author's and do not necessarily reflect those of any other editor at Weiss Research or the company as a whole.

Have comments? Tell Us!

Facebook Twitter Linkedin YouTube Pinterest

About Money and Markets
For more information and archived issues, visit moneyandmarkets.com
Money and Markets is a free daily investment newsletter published by Weiss Research, Inc. This publication does not provide individual, customized investment or trading advice. All information is based upon data whose accuracy is deemed reliable, but not guaranteed. Performance returns cited are derived from our best estimates, but hypothetical as we do not track actual prices of customer purchases and sales. We cannot guarantee the accuracy of third party advertisements or sponsors, and these ads do not necessarily express the viewpoints of Money and Markets or its editors. For more information, see our Terms and Conditions. View our Privacy Policy. Would you like to unsubscribe from our mailing list? To make sure you don't miss our urgent updates, just follow these simple steps to add Weiss Research to your address book.

Attention editors and publishers! Money and Markets teaser content may be republished with a link to the full story on MoneyandMarkets.com. Such republication must include attribution with a link to the MoneyandMarkets home page as follows: "Source: moneyandmarkets.com"

Money and Markets: A Division of Weiss Research, Inc. | 4400 Northcorp Parkway | Palm Beach Gardens, FL 33410 | 1-800-291-8545


---------------------------

All titles, content, publisher names, trademarks, artwork, and associated imagery are trademarks and/or copyright material of their respective owners. All rights reserved. The Spam Archive website contains material for general information purposes only. It has been written for the purpose of providing information and historical reference containing in the main instances of business or commercial spam.

Many of the messages in Spamdex's archive contain forged headers in one form or another. The fact that an email claims to have come from one email address or another does not mean it actually originated at that address! Please use spamdex responsibly.


Yes YOU! Get INVOLVED - Send in your spam and report offenders

Create a rule in outlook or simply forward the junk email you receive to questions@spamdex.co.uk | See contributors

Google + Spam 2010- 2017 Spamdex - The Spam Archive for the internet. unsolicited electric messages (spam) archived for posterity. Link to us and help promote Spamdex as a means of forcing Spammers to re-think the amount of spam they send us.

The Spam Archive - Chronicling spam emails into readable web records index for all time

Please contact us with any comments or questions at questions@spamdex.co.uk. Spam Archive is a non-profit library of thousands of spam email messages sent to a single email address. A number of far-sighted people have been saving all their spam and have put it online. This is a valuable resource for anyone writing Bayesian filters. The Spam Archive is building a digital library of Internet spam. Your use of the Archive is subject to the Archive's Terms of Use. All emails viewed are copyright of the respected companies or corporations. Thanks to Benedict Sykes for assisting with tech problems and Google Indexing, ta Ben.

Our inspiration is the "Internet Archive" USA. "Libraries exist to preserve society's cultural artefacts and to provide access to them. If libraries are to continue to foster education and scholarship in this era of digital technology, it's essential for them to extend those functions into the digital world." This is our library of unsolicited emails from around the world. See https://archive.org. Spamdex is in no way associated though. Supporters and members of http://spam.abuse.net Helping rid the internet of spam, one email at a time. Working with Inernet Aware to improve user knowlegde on keeping safe online. Many thanks to all our supporters including Vanilla Circus for providing SEO advice and other content syndication help | Link to us | Terms | Privacy | Cookies | Complaints | Copyright | Spam emails / ICO | Spam images | Sitemap | All hosting and cloud migration by Cloudworks.

Important: Users take note, this is Spamdex - The Spam Archive for the internet. Some of the pages indexed could contain offensive language or contain fraudulent offers. If an offer looks too good to be true it probably is! Please tread, carefully, all of the links should be fine. Clicking I agree means you agree to our terms and conditions. We cannot be held responsible etc etc.

The Spam Archive - Chronicling spam emails into readable web records

The Glass House | London | SW19 8AE |
Spamdex is a digital archive of unsolicited electronic mail 4.9 out of 5 based on reviews
Spamdex - The Spam Archive Located in London, SW19 8AE. Phone: 080000 0514541.