Summary: An intense debate has been raging on whether gold is currently in a long-term bear market, or is simply taking a breather after 12 years of solid gains. However, Larry Edelson of “The Real Wealth Report” explains how gold bear market isn’t quite over, but that it will once again return to some of the highs seen 2-years ago. One reason that a bull market isn’t ready to return is extraordinary “deflation” pressures. Also, Europe’s teetering situation and the recent seizures in Cyprus have led many people to pull their money out of the banks. For the time being, they’re putting it in cash, which is by extension giving the dollar a boost and putting pressure on gold. Read more…
Home » Important: The Ongoing Gold and Silver Crash …
Important: The Ongoing Gold and Silver Crash …
May 22, 2013 by MetalsWired Editor
Filed Under: Gold, Precious Metals Investing