The key to the performance of gold is in the last ten years; there has not been a gold mine that is producing gold the way it was created back in 1971, as in South Africa's 47.5 million ounces of gold was discovered. Now fast forward the same country to 2011, it only produced 8 million ounces of gold.
There will be a global shortest of gold discoveries, making the yellow metal a hot asset. Due to Western Central Bank Manipulation, they have created what some experts call, the perfect storm for gold's comeback. Just like gold did back in the 70's, went from $35 an ounce to $850 an ounce.
The supply and demand will always control the actual value of any asset, in this case, gold can not be reproduced, allocated with the highest degree of engineering in this field. Taking into consideration that Asia has been very active in purchasing as much gold as they can obtain at a ridicules low price. Means that the supply has depleted at an alarming rate.
Now taking a view back to October 11th, gold trading was shut down for 10 seconds according to the CME, because someone sold 2 million ounces of gold at one time. Who does this? Who sells nearly two and a half percent of annual gold production in a single minute? The gold valued at over $2.5 billion could not have been sold by a small trader, and certainly not the smart money, institutional investors know you don't exit a large trade like this.
Investing can become overly complicated on a strategy that will provide you as the investor, the best possible ROI on you investment. That should be your only concern; gold has this ability for the investors who see the real potential of the yellow metal. Gold could be the perfect storm for the wise investor. The information you will review will illustrate it's rewarding results. Just really a matter of time!
Tyler Durden on Zero Hedge shares with you information that has merit, logical financial rewards for us to just be advised on our investment directions. He shares reasons on why this "will" happen, enjoy his article, along with the video he shares. The full article, read more. Is the Perfect Storm coming for Gold?
All the Best,
Joseph F. Botelho One Gram at a Time
Joseph BotelhoFollow @jfbmarketing
— Joseph Botelho (@jfbmarketing) November 23, 2013
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