There are a few fundamental relationships investors use to gauge the direction of the gold price. Unfortunately, some of those relationships are falling apart... and gold is being left on its own.
Gold’s main fundamental relationship over the past 10 years has broken down.
It’s a rude awakening to gold holders. However, understanding this break in the trend is imperative for figuring out gold’s next move – up or down.
Today we’ll take an in-depth look at what’s going on. Avoid this gold update at your own peril!
“Most gold bugs won’t see it coming” says my colleague Greg Guenthner, editor of the aptly named Rude Awakening.
“Unfortunately for them” he continues, “many of these gold bugs will keep holding – tying to ‘hope’ the losses away – all the way to the bottom.”
Although he didn’t specifically come out and say it, I know Mr. Guenthner was referencing what I believe is the #1 fact that gold investors must know ...