Monday, December 23, 2013

Gold shares could go up 30 percent in 2014

Given all the money printing that is going on globally . . . and given that the total credit as a percentage of the advanced economies is now 30% higher than in Year 2007 before the crisis hit, I think Gold is good insurance.

I think Gold shares are very inexpensive. So a basket of Gold shares I think next year could easily appreciate 30 percent.