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FIRST ACCESS to Nadeem Walayat’s Analysis and Trend Forecasts

The Price of Gold is on the Rise, A September Song

Commodities / Gold and Silver 2010 Aug 30, 2010 - 01:06 AM GMT

By: Howard_Katz

Commodities

The time has come.  Look to the skies.
The price of gold is on the rise.
In bullish years, on Labor Day
The price of gold becomes in play.


And yes, when all is said and done,
The loser is Al Abelson.
He sold his gold in late July.
Already he’s begun to cry.

The trend of gold in season fall,
The trend it is the best of all.
So, gold bug now uplift your hope.
I know that you are not a dope.

Oh, people, people can’t you see?
The evil name is Bernanke.
He’s very busy printing dough,
And there is much that he don’t know.

Money’s doubled since ’08.
Counterfeiting is our fate.
Can’t measure the exact supply
Because it was their choice to lie.

Demand deposits are not time.
Please listen to my little rhyme.
Demand deposits, money yes.
They’re part of money we confess.

And when that money hits the street,
Then all will know that they do cheat.
The price of goods will start to rise.
So call your broker, give him buys.

Commodities will lead the way.
Commodities, that’s what I say.
Coffee’s what it’s all about,
And silver threatens to break out.

 

To this conclusion I have come.
Commodities in pendulum.
Commodities go up in price.
Producer prices, very nice.

And then Consumer Price Index
Will follow, Bernanke to vex.
We’re coming to election time,
And what they do is just a crime.

But this year I am not a dope,
And I can see that there is hope.
Like back in year of seven-three,
We see the rise of Tea Party.

The socialists, they shout “unfair.”
They’re falling with Obamacare.
We see the rise of Party, Tea.
It’s on the side of you and me.

So call your broker on the phone.
Tell him that you’re not alone.
Tell him please to buy some gold
‘Tis how my story does unfold.

We study year of seven-nine
When price of gold was mighty fine.
The CPI 13.3.
A bad, bad year for thou and she.

Yes, bad, bad year for thou and she,
But good, good year for him and me
Because with winter getting cold,
We called our broker, bought some gold.

By Jan. of ’80, very nice.
We bought the paper, checked the price.
We bought the paper, checked the date.
Gold price was up by 3.8.

Oh, golly, gee, shades of Al Gore.
It multiplied by almost 4.
And we were happy, sakes alive.
It hit a peak, 875.

 

So what will happen, years to come?
When CPI is on the run?
We’ll see a bullish move in gold,
And silver also will unfold.

July a breakout came in wheat,
Which maketh up the food we eat.
And reader do not be forlorn.
Another breakout looms in corm.

All eyes are now on HUI,
And we are not about to cry.
Ascending triangle in place.
Bernanke we are in your face.

The price objective line stands tall.
It rises fast; it does not fall.
In span of 2 years I will cry,
8,000 in the HUI.

8,000 HUI comes soon.
Gold stocks going to the moon.
And then all gold bugs will be rich.
But rest of country in the ditch.

Ascending triangle in gear.
Breakout looking very near.
My guess, October or Novem,
A breakout that will be a gem.

One problem that doth folks perplex,
Some action in CDNX.
The junior golds, I’ll tell you how,
Are acting better than the Dow.

And when these junior golds get hot,
Then you will be so glad you bought.
They gather strength, and then they fly.
And you’ll be glad that you did buy.

Republicans now look true blue,
In House and maybe Senate too.
The changes now in old D.C.
Portend big things for you and me.

Is balanced budget coming through?
Is gold standard the thing to do?
Is Fed permitted or allowed?
How do we make the nation proud?

To answer questions, here’s the gist:
The One-handed Economist.
Fortnightly letter, out we send,
Which forecasts what facts now portend.

The price of letter, listen clear,
It is 300 bucks per year.
Go to website, press Pay Pal.
It’s open both to guy and gal.

The address starts, 3 Ws
And ends DOTcom; please do not lose.
Thegoldspeculator is rest.
Of newsletters it is the best.

You may subscribe by U.S. post.
The address, well it is the most.
The One-handed Economist
Doth send things out to mailing list.

Nashua Street, its 614,
And if you want to know some more.
PO Box number 122.
And that is all you have to do.

It’s town of Milford, sakes alive,
In zip code 03055.
Free State (New Hampshire) is address,
And that is all I do confess.

And if you choose the U.S. post,
Then I would like to really boast.
Subtract 10 bucks from total cost.
Just so that mail don’t get lost.

I thank you, sir, for reading song.
Hope you and I will get along.
Gold’s going up; I tell you that’s
The honest truth from

                                 Howie Katz

The specifics to implement this strategy are discussed fortnightly (every two weeks) in the One-handed Economist. ($300 per year).  You may subscribe by visiting my web site at www.thegoldspeculator.com.  Or you may subscribe by sending a check for $290 ($10 cash discount) to The One-handed Economist, 614 Nashua St. #122, Milford, N.H. 03055.  Both the price of gold and the gold stocks are looking explosive, and I am confident of a good autumn.


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