
“On a fundamental basis, it seems more prudent to buy gold now than it did in 2007. Which means that the two-year-plus downtrend will pass, sooner or later. No bear market (nor bull market) lasts forever. History confirms this. Perhaps the most relevant period to today is the mid-1970s. In spite of many reasons for gold to rise then, the price fell—dramatically and determinedly. But eventually fundamentals prevailed and ushered in one of the greatest gold bull markets in modern history. Here’s how our current downtrend compares to that bear market cycle.”
http://www.hardassetsalliance.com/investing-news/editorial/this-too-shall-pass
Related posts:
Secession Is Sweeping the World, and We Should Let It
Foreign direct investment: Ireland’s 50 year overnight success story
Black-Clad Einsatzgruppen Confiscate Guns in California
Student Loan Debt Will Exceed Median Annual Income For College Grads By 2023
Georgia sues legal rebel for posting state’s copyrighted law summaries
First two-way Bitcoin ATM Launched in Finland
MSU Police Accidentally Send Out Campus Shooting Message
Affordable Care Act Summary for Self-Employed, Unemployed, and Early Retirees
Do You Take Any of These 11 Dangerous Cholesterol Drugs?
NYPD Taru Zuccotti Raid Footage
Argentina’s grand plan to recover US dollars is about as worthless as its own currency
Bovard: The Daily Hell of Life in the Soviet Bloc
“You? A Tax Evader?”
2013: Year Of The Bitcoin
The 16 Most Important Bitcoinaires