For those who have an interest in gold they should be paying close attention to gold and silver shares. As of late they have been moving up strongly. Some Hundred to 300 percent depending on which indicator you watch. The tenor of the market has changed decidedly over the past several months. We could well be experiencing a renewal of share influence. Up until our government decided to manipulate gold and silver, bullion, share prices always led bullion. We believe this renewal is being led by several factors. The triumph of gold as the only world currency as witnessed over the past 6 months; the use of massive amounts of money and credit in QE3, and now most likely QE4 to come, which will have equally bad results; trillions of dollars being stolen by those in and around government; the realization that gold and silver production have fallen; the lack of affect of massive naked net shorts in the bullion pits and the LBMA and Comex. The multitude of naked shorts in the shares, all of which have failed to deter higher prices. Higher inflation is on the way, thus $1,600 gold looks very probable this year and $3,000 next year.
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