In Three to Five Years Gold Will Be Priceless

By: Chris Vermeulen | Wed, Apr 22, 2015
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Over the next few years as debt, currencies and countries start to fall apart individuals will be looking to place their money where it will hold its value and buying power during times of extreme uncertainty.

If you eliminate fiat currencies which are created out of this air and are nothing more than a credit we are left with precious metals and stones. As much as we have evolved over time, we could be valuing things like gold, silver, platinum, and precious stones more so than our currency.

Let's face it, currencies are swinging in value 20-50% regularly and while most people do not realize it their buying power often is not as strong as it was. Would you rather hold a large portion of your capital in say the EURO which is falling like a rock in value costing you thousands of dollars a month, or would gold and silver which rises in value as your currency falls be a smarter decision?

Do not get me wrong, I am not trying to be a doom and gloom analyst. And I hope to be wrong, but with so many things pointing to an extreme global change it only makes sense to add some protection in the event something drastic does happen. My new book explains how to protect your capital in detail.

With the average fiat reserve currency since 1400 lasting between 80-105 years. With the dollar becoming the reserve currency in 1920 the odds point to the dollar being dropped within 3-5 years.

International reserve currencies since 1400


Gold Price Chart & Long Term Bullish Patterns

Gold Price Chart & Long Term Bullish Patterns


Review Of the 1970-80's Gold & Silver Bubble

The chart below shows the price of gold, silver, the typical price bubble, and phased of the market which happens in all asset types at some point in their life cycle.

The red line shows the average market participants emotional state.

Yellow line is the price of gold, and the grey line in silver.

Review Of the 1970-80's Gold & Silver Bubble
Larger Image - Source: SRS RoccoReport & GoldChartsrus.com


Current Gold & Silver Bubble - Priceless

The last bull market in precious metals will be dwarfed by the next one which I expect to start later this year. Over the next 3-5 years currencies, metals, stock market, new policies in the USA, etc... are likely to change more than we ever thought possible.

Current Gold & Silver Bubble - Priceless
Larger Image - Source: SRS RoccoReport & GoldChartsrus.com


Priceless Gold Conclusion

What does all this mean? It means money is going to move out of dying currencies and into physical assets like gold, and silver.

There are three different forecasting models for gold I have created. Depending how things play out in the next couple years the low target is $5,000 oz, and highest is $12,000 oz.

Starting to accumulate physical gold and silver as a long term investment and as insurance for your portfolio is critical. Small denominations are best because when prices sky rocket it will be tough to sell/trade a $12,000 oz gold bar compared to a gram of gold that will be worth $450, or better yet an ounce of silver worth $150.

With that said my key focus is on trading for income and growth through the use of exchange traded funds. And if precious metals are about to start another bull market there will be big gains in gold stocks which I will be trading.

 


Learn to trade, and get my trades live: www.TheGoldAndOilGuy.com

 


 

Chris Vermeulen

Author: Chris Vermeulen

Chris Vermeulen
President of AlgoTrades Systems
www.TheGoldAndOilGuy.com

10126 Hwy 126 East, RR#2
Collingwood, ON, L9Y 3Z1

Chris Vermeulen

Chris Vermeulen, founder of AlgoTrades Systems., is an internationally recognized market technical analyst and trader. Involved in the markets since 1997.

Chris' mission is to help his clients boost their investment performance while reducing market exposure and portfolio volatility.

Chris is also the founder of TheGoldAndOilGuy.com, a financial education and investment newsletter service. Chris is responsible for market research and trade alerts for of its newsletter publication.

Through years of research, trading and helping thousands of individual investors around the world. He designed an automated algorithmic trading system for the S&P 500 index which solves his client's biggest problem related to investing in the stock market: the ability to profit in both a rising and falling market.

AlgoTrades' automated trading systems allows individuals to investing using either exchange traded funds or the ES mini futures contracts. It is supported by many leading brokerage firms including:

- Interactive Brokers
- Trade MONSTER
- MB Trading
- OEC OpenECry
- The Fox Group
- Dorman Trading
- Vision Financial

He is the author of the popular book "Technical Trading Mastery - 7 Steps To Win With Logic." He has also been featured on the cover of AmalgaTrader Magazine, Futures Magazine, Gold-Eagle, Safe Haven,The Street, Kitco, Financial Sense, Dick Davis Investment Digest and dozens of other financial websites. His list of personal and professional relationships approaches 25,000, people with whom he connects and shares is market insight with out of his passion for trading.

Chris is a graduate of Seneca College where he specialized in business operations management.

Chris enjoys boating, kiteboarding, mountain biking, fishing and has his ultralight pilots license. He resides in the Toronto area with his wife Kristen and two children.

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