Still an under-owned asset! Lear Capital review of article: Is the Table Set for a Mania in Precious Metals?
Jeff Clark is a contributing analyst for The Daily Reckoning. He had a great analysis here with an attention to where he feels gold could be heading - as in mania wise! Here's some of what Jeff had to say:
"It's striking, when you really stop to think about just how big the impact could be if some significant fraction of the larger financial world started chasing the small niche market that is gold. Such cash inflows will send our industry to the moon.
In the meantime, keeping our eye on the big-picture forces that have yet to play out is the plan to follow. Sooner or later, though, I'm convinced the catalysts will kick in that will pull/push/drag/compel/force the mainstream into our sector. I suggest beating them to it."
I agree with him for many reasons. The feeling is almost palpable today. Senator Chuck Shumer pleaded for more stimulus funds to be printed yesterday as he interviewed Ben Bernanke. He seemed desperate. If Shumer only knew what got us into this in the first place!
View the great chart Jeff provides - you'll see what he's saying about the under-owned assets of gold and silver. You will understand why he concludes with the following:
"And when the mania arrives, we'll all wonder why anyone doubted it in the first place."
Call us at Lear Capital today to get yours now!
"It's striking, when you really stop to think about just how big the impact could be if some significant fraction of the larger financial world started chasing the small niche market that is gold. Such cash inflows will send our industry to the moon.
In the meantime, keeping our eye on the big-picture forces that have yet to play out is the plan to follow. Sooner or later, though, I'm convinced the catalysts will kick in that will pull/push/drag/compel/force the mainstream into our sector. I suggest beating them to it."
I agree with him for many reasons. The feeling is almost palpable today. Senator Chuck Shumer pleaded for more stimulus funds to be printed yesterday as he interviewed Ben Bernanke. He seemed desperate. If Shumer only knew what got us into this in the first place!
View the great chart Jeff provides - you'll see what he's saying about the under-owned assets of gold and silver. You will understand why he concludes with the following:
"And when the mania arrives, we'll all wonder why anyone doubted it in the first place."
Call us at Lear Capital today to get yours now!