The Phaserl


Believe It or Not: Gold’s 8-Year Cycle Still on Track

by The Aden Forecast, Gold Seek:

Given gold’s retreat during 2013, it would seem the Midas Metal’s best days are behind it, at least for a while.

But nothing is further from the truth. The strong demand for gold has not gone away. International investors, central banks and corporations are all looking to buy gold and these low Summer months are likely providing the best price.

Asian investors, especially in China and India, are buying coins and bullion like mad. Sales are up 22% annually in China and 52% in India.

Gold analyst Jim Willie said it best when he said, “The migration of gold from West to East is the grand story of the decade.” They know, as our dear friend Richard Russell recently reminded us, that gold and international power still go hand in hand.

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