This week, gold has pushed to new highs … oil is hammering away at overhead resistance … agriculture prices pushed higher … and the U.S. dollar appears ready to roll over and head lower.
You can make a lot of money on these moves … and these aren’t short-term trends. What we’re seeing is the set-up for big trades in 2010 … trends that can make you a lot of money!
Let’s look at some of the latest developments …
#1) Why Gold’s Big Breakout Is Just the Beginning!
Gold blasted higher this week. And this move isn’t done. Simple technical analysis shows we could see another 20% move higher in gold and the ETF that tracks it, the SPDR Gold Shares (GLD), in just the next few months.
Gold is being squeezed on both the supply side, where mines can’t keep up despite high prices, and on the demand side, as investors pile into gold and silver.
Then, on Tuesday, markets rocked and gold prices shot higher, fueled by news that the Reserve Bank of India, or RBI, is buying 200 metric tonnes of gold from the International Monetary Fund (IMF), nearly half of what the fund plans to sell. It joins other central banks — including China, Russia, and some members of the European Union — who have decided to increase their gold reserves.
In the last year, China has increased its gold holdings, by weight, by 75.69%, Russia by 18.78%, the Philippines by 18.50% and Mexico by 108.91%. And members of these foreign governments have made their aims clear — to own MORE gold and FEWER dollars.
Result: Central banks have turned from sellers into net buyers. Going forward, according to industry analysts at GFMS, the second half of the year should see even more purchases.
It sure seems that China, Russia and others are buying gold on every dip. This is probably part of a plan for a long-term shift away from the dollar. But it also puts a floor under the price of gold … and means the easiest path for the yellow metal should be higher.
Gold and silver are the original alternative currencies. They’re hard asset currencies — you can’t create them on a printing press. And in a time of paper currency corruption and debasement, they should continue to shine! We’ll give you our picks for the next leg of gold’s bull run at our online conference.
#2) Why the Dollar Drubbing Will Continue!
The pressure from central banks around the world is just the beginning. The U.S. dollar is on a slippery slope. Reasons include …
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The budget deficit hit $1.42 trillion in 2009. It looks to go higher in 2010, and we could see budget deficits of well over a trillion dollars for years to come.
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The U.S. government is moving closer to its $12.1 trillion debt ceiling. It is now at $11.9 trillion, or more than $38,000 per person. That means if you have a family of four, your portion is slightly more than $155,000 of pure debt.
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There is only one way to get rid of unsustainable levels of U.S. debt — inflation. And the prevailing U.S. policy is clear — we are going to inflate our way out of this (that is, devalue the dollar).
There are ways you can play the dollar’s slide, both to protect your portfolio AND profit. You’ll find out more at the online conference.
#3) Why the Big Bull Run for Grains Is About to Begin!
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According to the UN’s Food and Agriculture Organization (FAO), the number of chronically hungry people in the world — that is people suffering from perpetual and severe hunger — has risen to an unbelievable 1 billion!
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While two years of bumper harvests have boosted global stockpiles, as measured by months’ worth of inventory, they still are lower than at any time since World War II.
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China, with 1.3 billion mouths to feed, is really caught in a squeeze. Its farmland is disappearing due to drought, over-pumping and urbanization. It has to feed 7.3 times as many people per arable acre as the U.S. And as the Chinese get wealthier, they want to eat more like big, fat Americans.
Now for the really bullish news. A slumping dollar boosted the appeal of U.S. grain exports for buyers using other currencies. This in turn should boost grain prices. There are ways you can play this — find out more at our online conference!
Last Chance to Register for This Live Online Event
This is your last chance to register for tomorrow’s LIVE online web conference on “3 Big Investment Winners Gearing Up for 2010.”
This exclusive online event will give you expert insight into precious metals, agricultural commodities, currencies and more — the info you need to help boost your trading profits in the year ahead.
THERE IS SIMPLY NO TIME TO WASTE!
If you’re wondering …
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What the big trends in 2010 will be …
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Where gold is going …
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How high silver could go in 2010 …
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What is REALLY driving the price of oil …
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What opportunities await in currencies …
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And more!
This special online conference from the Secret Order of Jurojin will give you insight into investment decisions that will power up your portfolio in 2010.
Register NOW. Just do it! You can submit questions now by clicking here, or during the conference at 12 Noon Eastern Time tomorrow.
The Call is at Noon ET Tomorrow — Your Deadline Is Tomorrow Morning At 10 a.m. ET!
Registration is free, easy, and takes only seconds. Just click this link now, and click “register” on the top left corner of the event information page. You will then be prompted to enter your first and last name and to insert and confirm your email address.
If you don’t get aboard this profit train now, you’ll wish you had! Sign up. Get ready! And open your eyes to a world of investment possibilities.
I urge you: Register now while there’s still time.
One last thing: We had to cap this online conference at 1,000 attendees. It IS oversubscribed. So if you want to listen to the conference live, don’t be late! Remember, the conference starts at NOON SHARP on Friday.
Yours for trading profits,
Sean
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{ 13 comments… read them below or add one }
If you are going to short the dollar, what is the most dependable currency
2 questions -
what indicators will signal that the run up in commodities is peaking, or heading for a short term pull back.
where does US real estate fit into the picture as a tangible, investable assett class. With the low price and incentives, shouldn’t we also be considering buying property?
Sean:
Fortune magazine just ran an article bearish on gold stating huge excess comming through minning and the cleaning out of individual old gold holdings. If you could nail down the facts it would help.
Thanks
Why do stock prices go up when the dollar goes down?
There are many rumors that the gold and silver ETFs do not hold all of the metal that they should be holding to satisfy all of the people holding shares in the ETFs. If this is the case, is it not dangerous for us to hold those shares? This sounds like a scam,
All maintain that the fed will “inflate” our way out of the degt situation the US is in?
How does this work? What are the actual events and day to day operations…
THERE IS STILL 100+ TRILLION DEBT
How does it work? No matter what it is worth..There is still the debt?
Help!
Sean, I would like to know is it just as good to own a silver etf such as SLV or is it better to own the physical metal itself? Do you see a pullback before the next run up? Which metal is better to own–gold or silver?
I am really thinking this market is artificial, but because dollar is devaluing, stocks are going up. I strongly believe market is going to crash. When market crashs, gold and silver prices go down also? if so, why?
Thank you
Eddy
I enjoy your emails but how many of these investment Weiss things do I have to subscribe to to start to make money?
I have some simple questions on some issues that even the experts can’t agree on:
1. Is there a carry trade using the US$ to invest in non-US assets. If so, how does it work? Is it shorting the US$ and borrowing US$ at the same time? Are hedge funds involved?
2. The US Fed is providing liquiidty in an environment where banks are not willing to lend. However, China/HK who have pegged their currencies will need to pump in money supply to keep their currencies from rising against the US$.
Is this surge in gold prices and emerging market shares partly caused by the two factors above?
If so, then is ti correct to infer that a rise in US$ or a tightening of Fed funds rate policy will lead to a correction in both gold and emerging shares.
With the U.S dollar in a long term downtrend and the Canadian dollar in an uptrend, does it make sense to own shares like Goldcorp ? Canadian gold mining companies with mines in Canada pay their expenses in local currency. Won’t these companies take a real beating on the forex market ? Or will the rise in gold more than offset this? I am a Canadian who invests on the tsx
Is there a threat of gold confiscation for physical gold in the near future? If so, what would most likely happen?
Invest in the safest ETF, SGOL Switzeran physical possession gold-1/10 of an ounce per share or the silver SLV.