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I’m going to get right to the point: This is the MOST IMPORTANT message I have ever delivered in my 35 years in the financial markets. Bar none.
The reason: If you’re like me, you know that when it comes to the markets, TIMING is EVERYTHING.
And timing is precisely what this is about:
After nearly 20 months of being bearish on gold and silver ...
After nearly 20 months of nastygrams from gold investors and analysts, calling me crazy for my bearish forecasts of the precious metals ...
And now, after many other analysts finally realize I was right about the bear market after all ...
Gold and silver are so close to a MAJOR bottom
that I can taste it!
My mission today is very simple: I want you to be fully prepared for the upcoming bottom in the precious metals. The reason:
More money is likely to be made in the next gold and silver bull market than most people ever dreamed possible.
Profits that could make your head spin ...
Profits that should make any prior bull-market profits in silver or gold look like peanuts by comparison ...
As gold begins its ascent to $5,000 AND as silver moves to over $125 an ounce.
But let me also be perfectly clear:
The vast majority of investors will MISS
the next huge explosion in gold prices ...
Simply because they are waiting for
the WRONG signals.
They are waiting for the same old events that have traditionally driven gold prices higher in past cycles: Things like money printing ... inflation ... or a collapse in the dollar.
And as they wait for the forces to appear, they are going to MISS a major portion of the next big bull market in gold.
That’s a shame. Because the first big leg up in the next bull market in gold will be driven by forces that are entirely DIFFERENT than ANYTHING today’s gold investors have experienced before.
Gold will be driven higher by the collapse of Europe,
a crisis that DWARFS the U.S. real estate bust
of 2008-2009.
Gold will be driven higher by trillions of scared euros running away from Europe at the speed of light — rushing not only into gold, but also into U.S. stocks and other U.S. assets.
And here’s the biggest gold driver of all: A breakdown in the global monetary system with ...
- Big European banks and financial institutions going belly up ...
- Sovereign nations, especially in Europe, going bust ...
- Washington going bust ...
- And sovereign bond markets collapsing to as low as 10 cents on the dollar.
These three megaforces — the collapse of Europe, the mass exodus of scared euros and the breakdown of the global monetary system — will be the TRUE engines behind the next big bull market in gold.
Will massive money printing be a huge factor
driving gold higher?
Later, yes — of course it will.
But right now, massive money-printing is merely creating a PENT-UP demand for gold. It probably won’t kick in as a major factor again until gold is already much higher, breaking above its inflation-adjusted 1980 price of $2,300 per ounce!
So if you wait for that to happen you’re going to miss the beginning of the next leg up!
What about the falling dollar? Won’t that be a huge factor driving gold higher?
Later, yes. But not now! As I just said, at this stage of the crisis, the dollar will BENEFIT from many of the very SAME forces that are driving gold higher. The complete and utter collapse of Europe.
In short, do NOT be surprised if BOTH the dollar and gold go up TOGETHER.
Heck, that’s EXACTLY what happened back in the early 1930s when Europe collapsed. The dollar and the black market price of gold rose so strongly that in 1933 Roosevelt was forced to devalue the dollar by raising the official price of gold!
More recently, we got a glimpse of it in 2008 and again in 2010, when gold exploded to its recent record high, even as the dollar soared nearly 18% from its 2008 low.
What about inflation?
Won’t THAT drive gold higher?
Yes, it will! But not now!
Inflation will not be a big factor in gold’s rise until many months from now, until gold is already above its inflation-adjusted price of $2,300 per ounce.
When that happens, that will be your signal that years of massive money-printing by central banks is finally flooding the system and that inflation is going to soar even more!
Here’s the key:
I don’t want to wait that long
to profit from the next superboom in gold
and I don’t think you do either.
So in a moment, I’m going to direct you to a special update I’ve put together with the most important steps you can take RIGHT NOW to prepare to make more money in precious metals than you ever dreamed of.
But first, I want to repeat an extremely important warning:
Do not, I repeat, do NOT be surprised if you see both gold and the dollar rise together in the beginning stages of gold’s next bull market.
The reason will be Europe. As the single largest economic region of the world collapses, capital will rush into the U.S. dollar, pushing the dollar higher, and along with it, the prices of gold, silver and other safe havens.
It will be caused largely by hoarding by the superrich; hoarding of assets that are on the outside of today’s fragile monetary system.
Other hard assets are already screaming higher!
Case in point: Just look at what’s happening in the art world! Even though the dollar has been strong of late, the superrich are buying up paintings like crazy, paying record prices.
Why? Because they want to hold assets that can appreciate in value, of course. But more importantly, they want to buy assets that are portable ... assets that are not so easy to tax ... and assets that can be easily stored and hidden from view.
Or look at the diamond market! It’s also on fire! Christie’s and Sotheby’s are reporting record sales volume and record prices.
Martin Rapaport, founder of the world’s largest diamond trading network, Rapnet.com, reports that a billionaire client recently purchased one million dollars’ worth of diamonds and strung them together.
The client’s reason for stringing them together: When the monetary system comes crashing down and governments are hunting down every penny of wealth they can confiscate or tax, he wants to be able to avoid the metal detectors, board a plane with his wife, and head for the hills!
The writing is now on the wall ...
The rush into key hard assets — whether art, diamonds or gold — is bullish for the gold market, REGARDLESS of whether there is inflation or deflation in the bigger economy. We see that happening already as Europe teeters on the brink.
And it’s going to become a major force for gold as Europe goes down the tubes and as Washington eventually meets its destiny with a bankrupt balance sheet.
Now, let me give you a heads-up on the most important steps you can take right now and how I’ll be trading the gold and silver markets once they do hit rock bottom, which as I said at the outset, is so close I can taste it.
CLICK THIS LINK NOW and you’ll be taken to a page where I outline the critical steps you should take immediately.
Yours for solid gold profits,
Larry Edelson
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