Gold News

Gold Market Alert

Swamping the world with liquidity will destroy confidence in the monetary system...

GOLD BULLION has now entered the next and major leg of the long-term bull market after correcting down from $1,035 an ounce in March, writes Julian Phillips of the

We believe it is now re-targeting $1,000 initially, and this will be quickly achieved with pullbacks and periods of consolidation. We believe, too, that Gold Mining shares will benefit to a greater extent than gold itself in the coming moves higher. In particular, here at, we feel that soundly based gold "junior" mining companies will benefit strongly.

The move has been triggered by the clear signal from the Fed that the deflationary spiral gripping the global economy is far more serious than even it realized until now. The initial impact has already been seen in the precipitous fall of the US Dollar to worse than $1.44 per Euro. As repeated attempts to re-invigorate the flow of liquidity have failed, the US Federal Reserve had to do more, much more...

  • The Fed's interest rate cuts and 'Quantitative Easing" will soon be followed by central banks across the world;
  • The swamping of the global economy with liquidity will stem deflation, but will also badly damage confidence in the world's monetary system and give rise to explosive inflation;
  • The time it takes to reflate the global economy will be far shorter than most commentators expect;
  • The strains that the world will now feel, particularly in the different world economies, will become in many instances, unbearable, so we expect to see restrictive local action in those economies to manage the huge capital flows that will be experienced.

All of these prospects are very positive for Gold Investment, if only because they're so bad for other asset classes.

We last issued a similar Alert early in September in 2007, just ahead of the leap from $650 to $1,000 and above. Now this alert is to prompt subscribers and readers to act now before the market really takes off. We are dedicated to following these developments so investors can maximize their understanding and profits from the gold and silver markets. As a result we expect to see the gold market shine far brighter than we have seen to date.

JULIAN PHILLIPS – one half of the highly respected team at – began his career in the financial markets back in 1970, when he left the British Army after serving as an Officer in the Light Infantry in Malaya, Mauritius, and Belfast.

First he worked in Timber Management and then joined the London Stock Exchange, qualifying as a member and specializing from the beginning in currencies, gold and the "Dollar Premium". On moving to South Africa, Julian was appointed a macro-economist for the Electricity Supply Commission – guiding currency decisions on the multi-billion foreign Loan Portfolio – before joining Chase Manhattan and the UK Merchant Bank, Hill Samuel, in Johannesburg.

There he specialized in gold, before moving to Capetown, where he established the Fund Management department of the Board of Executors. Julian returned to the "Gold World" over two years ago, contributing his exceptional experience and insights to Global Watch: The Gold Forecaster.

Legal Notice/Disclaimer: This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. Gold Forecaster/Julian D.W. Phillips have based this document on information obtained from sources they believe to be reliable but which it has not independently verified; they make no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of Gold Forecaster/Julian D.W. Phillips only and are subject to change without notice. They assume no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this report and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Furthermore, they assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information, provided within this report.

See full archive of Julian Phillips.

Please Note: All articles published here are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it. Please review our Terms & Conditions for accessing Gold News.

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