Zion Oil & Gas Inc (ZNOG)

[Djbradles]

Super low volume in the equities, running out of sellers, and cash being the best place to hide. It will only take a small institutional interest to up the holdings from 1/2 of 1 percent to around 1 percent that could move gold to massive new highs. In the 1980’s the weighting was 10% gold. Imagine moving to a 5% institutional holding?? Forward guidance from the likes of Goldman Sachs has gold at $2500 by EOY.

Gold producers are literally the most undervalued stocks that exist today. This next financial crisis will see them rise to heights that surpass the 2008-2011 bull run. It will take a bit more time and patience. A capitulation selloff may still happen but at some point the Fed will back off. Central Banks already lost the battle to inflation and the East is creating a new currency regime that will greatly pressure the West.

My case is that the bullish fundamentals are ever firm for gold as central banks are still buying but they don’t want you to know nor do they want to buy at high prices.