I have to confess that – deep down – this makes me smile. The reason: I know that the real question to ask is “When will gold go on to set new highs?”

So let me cut right to the chase. This breakout run in gold prices will last.

The “Golden Staircase” tells us so.

After bottoming out about $250 an ounce about nine years ago, such key fundamental catalysts as increasing demand, lower supply, inflationary fears and a flight to safety have been driving the price of gold northward.

But gold is like any other financial asset in that prices don’t rise in a straight line – especially if they’re rising a long way. But they follow a clear and discernable pattern.

As asset prices rise, they often initially overshoot. Then they “correct” – fall back a bit. Then they “consolidate,” or trade sideways, usually for a period of six to 18 months, but sometimes for even longer.

It’s this period of sideways trading that creates the horizontal “step” in the “Golden Staircase” – a technical-analysis tool that lets us “see” the foundation for the next step up in the long-term uptrend in the price of gold.

The formation of the newest “step” in the staircase was started in mid-2007. That’s when the $1,000 price level was first breached. On Tuesday, Sept. 8, when gold prices eclipsed that key barrier on Tuesday, Sept. 8, it was the fifth time they’d attempted to do so.

Each of these attempts has helped define $1,000 as a ceiling.  But in a “Golden Staircase,” the ceiling eventually becomes a new floor.  So once the $1,000 price point is eclipsed in a decisive manner, it will become a key “support level” for gold prices.

You can also think of it as the top surface of a new step.

And that’s precisely the juncture where gold finds itself right now. [Editor's Note: Please see accompanying graphic: "Gold 'Steps' Toward New Highs"].

From a technical standpoint, the outlook for gold is bright, indeed. But the fundamental picture is even more bullish.

Barrick’s Bullish ‘Bought Deal’

Now, I realize it was probably pure coincidence that the world’s largest gold miner, Barrick Gold Corp. (NYSE: ABX), announced it would raise $4 billion on the same day gold flirted with $1,000.  But the conspiracy theorist in me likes to believe otherwise.

For Barrick Chief Executive Officer Aaron W. Regent, this so-called “bought deal” was a conscious strategic move. Barrick has a reputation for wisely using hedges to its own advantage.  The strategy served the company well in its copper-production business. And when gold prices fell in the late 1990s, Barrick turned to this strategy again – and again benefited nicely.

Recently, however, Barrick’s bankers have been coaxing the company’s leaders to ditch the hedges in order. The reason: In an environment of rising gold prices, hedged bets dampen profits. Removing those hedges, by contrast, elevates profits. But it also elevates the company’s risk.

So when a company such as Barrick makes a strategic decision to raise equity capital in order to close a large portion of its infamous hedge-book, that’s a highly bullish sign for gold prices.

When Central Bankers Become Gold Buyers

A third Central Bank gold agreement has recently been ratified. And, interestingly, it’s a weaker version of its two predecessors.

New limits will allow for only 400 metric tons to be sold annually, down from 500 metric tons in the previous deal.  The deal is bullish on its face. And, even better, this more to it than meets the eye.

You see, the last 10 years of these agreements have seen some 4,000 metric tons unloaded into the market.  And even into the face of the $80-billion-selling headwind these divestitures created, gold has managed to stage a rise from $250 an ounce to the current $1,000.

And story gets better, still: According to the World Gold Council, the world’s central banks became overall net buyers of gold as of this year’s second quarter – the first time that’s happened since 2000.

China Goes For the Gold

In the post-financial crisis global economy, China is quickly becoming the proverbial “800-pound gorilla” – the player that has to be courted, but that can’t be tamed.

And now, in a signature move, China has decided to take a remarkable step, choosing to take control of its own gold.

Just this month, in fact, Hong Kong announced that it would bring all its gold bullion back home, recalling the reserves from depositories in London. Hong Kong has just completed construction of a high-security depository at the city’s Chek Lap Kok Airport (Hong Kong International Airport), and plans to market the facility as a safe storage option to other Asian central banks, commodity exchanges, precious metals refiners, commercial banks, and exchange-traded funds (ETFs).

This development can (and will) be spun in all sorts of ways, but what it really means is that China has lost confidence in the West.  After last fall’s near-meltdown of the global financial system – a financial cataclysm due almost entirely to major missteps by Western economic powers – China’s Beijing-based leaders want much greater control over its own assets.

And who can blame them?

China’s Ravenous Gold Appetite

At more than $2.3 trillion and counting, China’s foreign currency reserves have become the stuff of legend in recent years. But here’s the rest of that story, with apologies to the late Paul Harvey: According to a late August Financial Times report, “Beijing recently revealed that it had been secretly buying gold for years in order to diversify its foreign reserves, and has almost doubled its bullion holdings.”

China’s official gold reserves now run 1,054 metric tons. That means its holdings have doubled in just six years.

And when you consider the risk China faces on its $2.3 trillion in paper (foreign currency) reserves – much of them U.S. dollar denominated – it’s understandable that China has been ardently seeking shelter.  In a late-July special report for Money Morning called “The Three Triggers of the Global Gold Bubble,” I told readers:

“All it would take is a loss of faith in the greenback. It’s important to understand that dollars are nothing more than paper and ink, backed by the full faith and credit of the U.S. government.  In a year in which the budget deficit could easily top $2 trillion, this does not reassure me.

The dollar holds its value only as long as the greenback’s holders maintain their faith in the currency. The moment people decide they don’t want your dollars, they become worthless, or at least worth much less.  In that case, it will take a lot more dollars today to buy the same thing you bought with many fewer dollars only yesterday.”

For China, this is a very real concern. Especially when it comes to the Beijing’s concerns about the loose-credit stance of the U.S. Federal Reserve. China’s Cheng Siwei, former vice chairman of the Standing Committee of the Chinese Communist Party, recently told Great Britain’s Telegraph newspaper that “If [the Fed] keep[s] printing money to buy bonds, it will lead to inflation, and after a year or two, the dollar will fall hard. Most of our [Chinese] foreign reserves are in U.S. bonds and this is very difficult to change, so we will diversify incremental reserves into euros, yen and other currencies.”

In an exciting addendum, Siwei noted that while gold is solid alternative, “when we buy, the price goes up. We have to do it carefully so as not to stimulate the markets.”

This statement tells us a lot. For instance, there’s definitely an upward price bias contained within gold’s recent price consolidation. And don’t expect gold’s price “floor” to fall too far below the $1,000-an-ounce level: China will almost certainly step in to scoop up all it can.

Meanwhile, it seems that China’s populace is catching on to the ideas of its central government.  In the just-mentioned FT article, the newspaper said “the rising tide of wealth among middle-class Chinese has made China the second-largest gold jewelery market in the world since 2007, behind only India.”  The article goes on to say “Total gold demand in China last year was nearly 400 [metric tons], up by 21% from 2007.”

The lesson here is clear: China’s growing appetite for gold is a powerful trend that will benefit gold investors for years – even decades – to come.

Warning: The IMF Is Now The World’s Central Bank

This fundamental bullish sign for gold is perhaps also the most ominous for the world’s financial well-being.

In an August maneuver that somehow stayed off the radar screens of most global investors, the International Monetary Fund (IMF) Board of Governors “voted” to create new “money” in the form of Special Drawing Rights, or SDRs.

As Money Morning told readers back in April, SDRs have been a unit of account used by the IMF since 1967, and denominated in a basket of currencies, including the dollar, pound, yen, and euro.

But now they’ve become a convertible asset.  China, Russia, and Brazil will begin purchasing SDR bonds later this year, with China’s share starting at a whopping $50 billion.

As Bloomberg News reported, “the allocation … will not increase the fund’s pool of money available for lending [but] will provide members with an additional method to obtain hard currencies.”

And that’s scary, because the implications are enormous.

The IMF has become the world’s central bank.

The IMF can create SDR debt instruments out of thin air, without having hard assets to back them.  The IMF’s own Web site explains the basic process, noting that “SDR allocations provide each member with a costless asset.”

Sorry, but I have to ask.  What in the world is a “costless asset?” How can you “create” an asset that has no cost to either produce or acquire? And if it costs nothing to create, how can it have any real value?

It’s outrageous. And it would even be comical – laughable, even – if the implications weren’t so dangerous.

The IMF no longer has to depend on borrowing – much less on contributed assets – to increase the funds it has available to lend.

So a new international fiat currency has just been created and added to the long list of national fiat currencies already in use.  Like most of its brethren, this “currency too an this one, too, can be expanded at will by a handful of un-elected officials. And, as one writer recently stated, “hyper-inflation is the terminal stage of any fiat currency.”

Consider yourselves forewarned. Worldwide inflation is now a bigger threat than ever. Expect the IMF to embark on its own monetary printing spree. A tidal wave of inflation could be headed our way.

Folks, this is going to get ugly.

The Next Bubble?

I have said in the past, that gold could very well be the next bubble.

Now, it seems, that idea is gaining acceptance.

In a recent interview with Canada’s BNN (Business News Network), Canada’s serious business program, Sam Stovall, chief investment strategist at Standard & Poor’s Equity Research (NYSE: MHP), said that “if we end up with concerns about the U.S. dollar, we could probably end up with a bubble in gold prices.”

I rest my case.

How to Play Your ‘Golden’ Opportunity

So what can you do to protect yourself?  Well, it seems that even former U.S. Federal Reserve Chairman Alan Greenspan knew the answer to that question.  In May 1999, while testifying before the U.S. House Banking Committee, Greenspan actually said that “gold will always remain the ultimate form of payment in the world.”

That’s one piece of Greenspan-given advice that I believe investors should take.

As the price of gold advances, gold-miners will be the “go to” stocks to play. They will benefit from leverage as the yellow metal advances in price.

To measure the health of gold stocks, an often-used proxy is the Amex Gold Bugs Index (HUI), a weighted benchmark composed of 15 of the world’s largest gold-and-silver mining companies. However, the HUI only includes those companies who don’t hedge their gold production beyond 1.5 years. That was done on purpose. The index was designed to provide significant exposure to near-term movements in gold prices. In an environment of rising gold prices, these stocks tend to be much more profitable.

To then gauge whether gold stocks are a relative bargain, we look to the HUI-to-gold  relationship.  By dividing the HUI “price” by the price of gold (HUI/gold price), we get a ratio that’s a very useful value indicator.

From mid-2003 until mid-2008, this ratio held around the 0.50 range, meaning the HUI bought about 0.50 ounces of gold.

In last fall’s stock panic, we saw this relationship insanely stretched to 0.20.  In late October 2008, the HUI only bought 0.20 ounces of gold.  That was totally irrational and unsustainable.

Gold stocks were trading at levels not seen in nearly two decades.  Extremes like this simply cannot last.

Today, we’ve seen that gap close as I had predicted in January.  To see how the HUI-to-gold relationship looks now, check out the graphic below.

This chart provides a ratio that tells us the “buying power” that gold stocks have to buy gold. The ratio had improved from the 0.20 ratio of last fall and was recently as 0.42. Expect that to continue to shift toward the 0.50 level. In fact, it will most likely overshoot, running up to 0.65, before settling back to the historical norm in the 0.50 neighborhood.

The message here is that spectacular gains are still in store for gold and silver stocks.

The biggest bang-for-buck still lies with the junior gold sector.  The best proxy for this is the S&P/TSX Venture Composite Index (CDNX), otherwise known as the Toronto Venture Exchange. It consists of about 75% resource stocks.

The CDNX has been steadily carving new highs almost uninterrupted since March, now posting a whopping 80% gain since its December 2008 low.  That’s an impressive performance. Remember, this is an index.

The players in this sector promising the best returns are the junior gold-and-silver companies either already producing, or with near-term production.

In the next 12 months, some will likely throw off returns of in the multiple hundreds of a percent, or even multiple thousands of a percent. Major miners really need them to replace depleted production and to grow their reserves. So many will be takeover candidates.

And with gold breaking and sustaining the $1,000 barrier, junior gold and silver miners are the place to be for explosive returns.  Just hold onto your hat.

Source: The ‘Golden Staircase’ Points to Record Prices for Gold

Wednesday, November 26th

This was the last day for all parties to get their gold and silver contracts switched to the 2009 year…or they would have to stand for delivery on Friday. With the U.S. in holiday mode almost from the beginning of trading, the tiny rally at the Comex open was stepped on and never recovered. But it hardly mattered…as volume was virtually non-existent. Silver was the same. Call the day a big zero. However, the shares reacted otherwise. Even though gold was down ten bucks at the close of the equity markets, the HUI still managed a surprising 6% increase…the second day in a row that gold has been flat or down…and the HUI up. Hmmm!

Open interest on Tuesday showed more Comex traders cashing in their chips instead of rolling over their positions into future months. Sure, there was probably some long liquidation from various quarters…and maybe even some fresh shorting, but I would bet that most of the open interest drop on Tuesday was spread trades being lifted. Gold o.i. dropped 6,411 contracts to an astonishingly low 276,567 contracts. Tuesday’s silver o.i. was a shocker too…with o.i. down 3,540 contracts to 86,878. The last time that Comex gold o.i. was this low was back in August 2005 when the gold price was $431/oz. For silver, it was September 2004 when the price was just $6.90 the ounce.

The usual N.Y. commentator had this to say…”Tuesday’s ECB (European Central Bank) statement of condition indicated an €57Mm drop in ‘gold and gold receivables’, 2.83 tonnes at the present book value. This was attributed to a sale by one captive CB (central bank) and a ‘net sale’ of coin by another. Last week the sale was 0.5 tonnes. The ECB group continues to run far below the 9.6 tonne (weekly) average required if the WAG2 quota were to be sold evenly. On the face of matters, the ECB group is not responsible for the large amount of Central Bank-type bar reported to be around.” And on the recent drops in open interest, he put forward this amazing fact…”Since Comex gold started rising on Tuesday November 19th to last night (Tuesday night), bullion has gained $82.50 (11.2%) and open interest has dropped 13,983 lots (43.49 tonnes, or 4.8%).” Wow!!! What does it mean? I don’t know for sure…but I believe it’s positive…and I expect we’ll find out reasonably quickly if that’s true or not.

It was wall-to-wall bad news again on Wednesday. Here are the headlines…(Reuters) U.S. durable goods orders weaken sharply (-6.2%) in October… (Reuters) U.S. consumer spending plunges (-1.0%) in October…(Bloomberg) U.S. Treasury CDS (Credit Default Swaps) blow out to record highs on government programs…(Reuters) Institute for Supply Management business barometer fell to 33.8 from 37.8…(Yahoo) U.S. consumer sentiment craters to a 28-year low…(Reuters) After Citi (NYSE:C), Bank of America (NYSE:BAC) Next?…(Bloomberg) The FDIC said banks categorized as “problem” institutions increased 46% in 3Q/08…from 117 to 171…the highest since 1995. (It’s my bet that the true number of banks in serious trouble is many, many orders of magnitude worse than that. – Ed)

Stories to read? Here’s a bunch…

The Telegraph, London…”China slashes interest rates as panic spreads: The People’s Bank of China cut interest rates by more than 1% as the economy crumbles and millions of jobs are predicted to (disappear before) Christmas.” The link is here.

The Telegraph, London…”Is Britain Going Bankrupt?”…”The bond vigilantes are restive. There is now a palpable fear that global investors may start to shun British debt as the budget deficit rockets to 8% of GDP.” The link is here.

The Telegraph, London…”Citigroup says gold could rise above $2,000 next year as world unravels”…”Gold is poised for a dramatic surge and could blast through $2,000 an ounce by the end of next year as central banks flood the world’s monetary system with liquidity, according to an internal client note from the US bank Citigroup.” The link to the newspaper article is here…and the link to the actual Citigroup report itself (a 9-page pdf file) is here.

It’s not often (and I can’t remember the last time it happened) that you find anything that Bill Buckler writes, out in the clear. But in these extraordinary times, he does have something posted over at Bob Moriarty’s site at 321gold.com. It’s entitled “The Great Deflation” and it’s well worth the read. The link is here.

The 2009 year will be one of titanic shocks and changes to the global order of a scale perhaps not experienced in the past five centuries. This is why we should speak of the end of the American Century and its Dollar System. – F. William Engdahl, 26 November 2008

Thursday, November 27th

With the U.S. closed for Thanksgiving, the rest of the world’s gold and silver markets were barely fogging a mirror. I spoke with Ted Butler around lunch time on Thursday, and he said that up to that point in both the Far East and Europe, less than 1,000 contracts had been traded in silver…and under 10,000 in gold. And I thought that Wednesday was a zero day!

I forgot to mention that on Wednesday the GLD increased their “supposed” gold holdings to 758 tonnes, and the SLV was unchanged once again.

However, just because the U.S. was closed for Thanksgiving, that doesn’t mean the news stopped rolling in. To the contrary, I have three more items that are worth your attention.

The first is another story from Ambrose Evans-Pritchard from The Telegraph in London. The first paragraph reads…”Paul Volcker, the former chairman of the US Federal Reserve, has warned that the economic slump has begun to metastasize after a shocking collapse in output over the past two months, threatening to overwhelm the incoming Obama administration as it struggles to restore confidence.” The rest of the story is linked here.

The second item is from Market Watch over at The Wall Street Journal. The title of the commentary is “Gold bugs, Grinches finally agree on something: They see gold making significant progress after price bounce”…and the link is here.

One writer I particularly enjoy reading is F. William Engdahl. His latest piece is well worth your time. It’s entitled ‘Colossal Financial Collapse: The Truth behind the Citigroup Bank “Nationalization”‘. The link is here.

Resurrecting Volcker during the most wanton monetary policy in US history in order to (fool) global investors into believing that Volcker will convince Obama and US solons to halt their debauchery at the precise time…is like Caligula enlisting Saul of Tarsus to advise him on the precise time to go celibate. – Bill King, The King Report, 27 November 2008

And lastly, just to give you some idea of how frighteningly bad the foreclosure situation is in some parts of the USA, here’s a very short youtube.com clip from Detroit. I just can’t imagine how much worse it will get if/when the automobile industry folds up. The link is here.

Friday, November 28th

Friday’s market activity in both precious metals was another yawner. Silver got pushed around a bit, but that was all. According to the usual NY commentator, only 49,650 gold contracts were traded on Friday, which is hardly worth mentioning.

Open interest for Wednesday’s trading, before the U.S. Thanksgiving holiday, amounted to the following…gold open interest down 475 contracts to 276,092…and silver o.i. fell another 698 contracts to 86,180.

Friday was first notice day for delivery into the December contract for both gold and silver. In an e-mail yesterday, Ted Butler said the following…”December gold open interest is 16,053 contracts against 8,600 deliveries this morning. December silver o.i. is 6,304 contracts against 3,040 deliveries this a.m. The remaining silver o.i. is a bit higher than I would have guessed.”

When a contract is delivered into on the Comex, it causes an automatic decline in open interest…as a long contract has been extinguished by delivery of the actual metal itself. So, when Friday’s open interest numbers become available on Monday morning, gold o.i. will drop 8,600 contracts…and silver, 3,040…plus or minus whatever longs, shorts or spreads were placed, covered or removed yesterday (Friday).

In gold news, I see in a Reuters story that was filed in Moscow shortly after midnight their time last night that…”The Russian Gold Industrialists Union has said it expects gold output to rise this year by 8% overall, to 176 tonnes, after five years of declines. Output from mines rose 10.2% to 136.82 tonnes in January-October 2008 from 124.15 tonnes a year ago.”

I mentioned a Bloomberg story in my Wednesday commentary (above) that the US Treasury debt CDS (Credit Default Swaps) had hit a record high because of all these trillions of dollars of new government debt being piled on. Well, there were some rather blunt comments about it over at Bill Murphy’s lemetropolecafe.com yesterday…”It is absolutely inconceivable that the bonds are rallying (disappearing yields) due to a ‘safe haven flow of funds’ when their risk of default is being assessed at an all-time high!!! What is wrong with this picture???…The risk premium that (the) market is assigning to U.S. Government bonds is now wider than the risk premium the market was using (to) price the highest rated Corporate bonds as recently as November 2007!!!…What this is saying is that the market is (now) assessing the probability of a U.S. Government default at a higher rate than was being assigned to the highest quality corporate debt just 12 months ago. Incredible!!!” (Words fail me! – Ed)

I was interviewed by Al Korelin of Korelin Economics yesterday. If you feel that what I might have to say would be of interest, the link to that interview is here.

Mercifully, I only have one story in this segment. It’s from the folks over at mineweb.com. Like the World Gold Council, they are never one to cheerlead the precious metals at the best of times. So it’s a rare event indeed when they do print something that even hints that things might get bullish. This piece is entitled “Structural deficit in gold supply could send prices higher” and the link is here.

We will bankrupt ourselves in the vain search for absolute security. – Dwight D. Eisenhower

Today’s blast from the past goes back to the 1970s again. This was in the days before American television invaded Canada, so it’s amazing to see what these groups actually looked like when they were performing. This hit song from back then is no exception. Click here.

I continue to watch the global economic, financial and monetary meltdown with morbid fascination…knowing that there isn’t a thing that any or all governments and central banks can do to stop it. Well…yes, actually…there is one thing…and that’s the remonitization of gold. Earlier this year (and late last year) there was a smattering of stories in the main stream media about a return to some sort of gold-backed currency. In the last couple of months, that trickle has become a veritable flood. Will it happen? Don’t know…but I do know what will happen if they don’t. So do you.

The open interest numbers indicate that we are at the very bottom of the barrel when it comes to speculative long positions that remain in gold or silver (and every other commodity as well) and that the bullion banks have covered a huge portion of their short positions. Ted Butler has always said that we would have the “mother of all clean-outs” before the powers that be would set the gold price free. Well, what we’ve been through since July 15th, certainly qualifies. Now we wait and see.

Enjoy the rest of your weekend, and all of us at Casey’s Daily Resource Plus will see you bright and early on Tuesday morning.

Source: And Then There’s This…Monday, December 1st, 2008

Now let’s say, all of a sudden, folks are willing to pay you $6 per hot dog. They’ll buy as many dogs at $6 as you can make. Your profit-generating ability has soared, from $0.50 to $4.50. Now… do you think your business would be worth more to an outside buyer? I think it would… but that’s not how folks see the gold mining industry right now.

America’s largest gold producer, Newmont Mining (NEM), announced its first-quarter earnings last week. The company’s revenue was 60% higher than the quarter one year ago. It sold its gold for an average $933 per ounce during the quarter, up 40% from the same time in 2007. Newmont cut its cost per ounce a bit, but of course, the real kicker was the gold price. People are paying a lot more for Newmont’s hot dogs.

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Do you know what happened to Newmont’s share price? It fell. I could hear Rodney Dangerfield speaking to me from the grave… Newmont got no respect, not even from investors who should know better.

This lack of respect is pervasive across the entire gold industry right now… and it’s giving investors a fantastic opportunity to get into these stocks.

Gold prices have doubled from $427 in April 2005 to about $879 today. Yet the share prices of major gold producers haven’t done much at all. Newmont Mining’s shares appreciated a meager 6% over that same period.

Typically, shares of gold producers give you “leverage” to the price of gold… meaning that if gold doubles in price, gold stocks often quadruple in price. It all comes down to the “leverage effect”…

If Gold Company A can mine gold for $250 an ounce and sell that gold for $300 an ounce, it makes a profit of $50 an ounce. However, if the gold price jumps 50% to $450 an ounce, Gold Company A’s profit per ounce increases from $50 to $200… a gain of 300%.

Now let’s say the price of gold really gets rocking, increasing 100% to $600 an ounce. Gold Company A’s profits increase dramatically… They jump sevenfold from $50 per ounce to $350 an ounce! Of course, Gold Company A’s stock price would explode higher in response to the increased profits.

However, it hasn’t quite worked out that way in the past few years. Due to the soaring costs of fuel, equipment, and upgrading facilities, the costs to mine gold have risen nearly as much as the gold itself!

On May 1, 2006, the AMEX Gold Bugs index (HUI), which tracks the big gold mining companies, closed at 380. Yesterday it closed at 389. The index basically moved sideways… during a period in which gold gained about 32%. As David Galland pointed out in this essay, the gold industry has been busy “digesting” the higher costs it pays to pull gold out of the ground.

But I think the news from Newmont is the latest sign that gold miners are now really starting to rake in the cash… Newmont’s quarterly profit rose 444% over the first quarter of 2007. The elevated gold price is finally kicking in. And the situation is the same with other big miners, including Barrick and Goldcorp… But like Newmont, these stocks are sitting dormant right now.

That’s why I have so many “buy” recommendations in my S&A Prospector portfolio right now. With just a few exceptions, I think gold equities are incredibly cheap. For a relatively conservative portfolio, you should own producers, like Newmont. But for opportunities to make 1,000% quickly, I love prospect generators.

If you don’t have exposure to gold stocks yet, now is the time to get some. I believe gold’s bull market will last a long, long time… and will continue to massively increase the cash flow to those who mine it.

Good investing,

Matt

P.S. As I mentioned… the tiny class of mining companies called “prospect generators” are a huge opportunity right now to make at least 1,000% gains from the bull market in gold. Click here to learn the best way to invest in them.