Can Gold Continue To Rise?


"Will the money supply plateau or decrease and give gold any reason to stop rising?"

Seeking Alpha, Thomas Noon

As I've written many times, I am not comfortable with either of the following two popular theories on the price of gold:
  • Momentum/Relative-Strength Theory: Gold will rise because it has risen strongly and that is sufficient evidence that gold has strength and strength means future additional rises in price.

  • Bubble Theory: Gold has risen too far, too fast and the short-term charts of this rise look like bubbles of the past, therefore the bubble-evidence proves that it must come down—only a question of when and how far. . . View Full Article
  • Get Our Streetwise Reports Newsletter Free

    A valid email address is required to subscribe