Major Gold Move You're Not Hearing About
Commodities / Gold and Silver 2013 Jan 05, 2013 - 08:20 AM GMT Brian Hunt writes: You didn't hear about it in the mainstream press, but gold just "broke out" to an important all-time high...
Longtime readers know that since we started publishing DailyWealth in 2005, we've been outspoken bulls on gold. (We were gold owners and gold bulls years before that.) Since then, we've published hundreds of essays on the right ways to own it. We even published a book on the stuff.
We've always encouraged readers to see the gold bull market as not just an American phenomenon... but a global one. While most folks think only in term of U.S. dollars, gold is rising against all paper currencies. It's a huge trend to be aware of.
For example, most folks know that gold priced in dollars is well off its 2011 high. But when measured in terms of the currency of another giant economy, Japan, gold just hit an all-time high. In every language, it's still a big bull market in gold.
– Brian Hunt
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