1-Central Banks are the larg buyers of the gold bullion…Russia, China, India and others as well. Private investors are there but not in any size by comparison.
2- For gold stocks, understand that the bids are weak if you are sellng but for buying it opens up opportunities to buy at bargain prices.
3-Reported inflation levels has been a lie for over ten years. When they say 3% or 8%, they are misleading the public as always. It has been closer to 16% to 20%….
4-The US Dollar is overvalued by 15% to 20%. A proper dollar price would bring gold bullion to $2000-$2100……that should come….
5-Market makers for the Juniors now hold near zero inventory in their stocks so when there are price corrections due to heavy selling, investors can take advantage by accumulating shares.
6- Silver stocks and silver bullion will do well but need gold to move up above $1850-$1900 consistently and stay there.
7-We believe that gold and silver are manipulated to keep them down.