Posted on 12/02/2011 1:56:52 PM PST by appeal2
Gary Wagner has been a trader and a market technician for over 25 years. In early in 2009 he began to focus his attention on one market: Gold. The yellow metal, gold, began to rally in 2008, but Gary knew the best was yet to come. He believed that gold was poised for an incredible and explosive upside move. Thus the GoldForecast was born. Gary’s daily video newsletter is always interesting and often profitable. He uses a combination of fundamental and technical analysis.
We talked about the invention of paper money by the Chinese in the 10th century and their invention of inflation in the 14th century. Perhaps history doesn’t always repeat itself, however, it is rhyming in many chords at the present time. Too many promises have been made without any regard to the abilities of governments to honor them. Gary is by his own admission, “A half full kind of guy,” and he believes that humanity will find a way to avert out and out global economic, social and political disaster. However, he believes that the solution will be hard won and very difficult to attain and will be done in the face of disaster.
Hopefully, Gary is correct in his assessment, but he’s still intent in his belief that everyone should be buying to gold as it will continue to dramatically appreciate in price.
Please send your questions to kl@kerrylutz.com or call us at 347-460-LUTZ.
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