Quote

Aden Forecast "Gold's bull market is solid, a new phase has begun and it's currently declining in a sharp, yet normal downward correction."

ReportGold
Date02/11/2010
Loaded Date02/11/2010
TitleCorrections: The Order of the Day
Quote"Gold, silver and the metals group are coming down from their January highs, on the eve of gold's nine year bull market run. Considering the gold price has had nine consistent yearly gains, and it's still above $1,000 is a feat in itself. Gold's bull market is solid, a new phase has begun and it's currently declining in a sharp, yet normal downward correction.

Corrections tend to cause fear. And considering the volatility we've seen in recent years, the fear level rises fast. The word bubble is the buzz word, and it's understandable since we've had so many over the last decade. The tech bubble was followed by the housing bubble, the credit bubble, and the debt bubble that continues to grow.

The debt bubble is an ongoing reality; it's international in scope and it's the biggest ever. This is hanging over our heads and over the markets, and it isn't going away, it's just getting bigger.

Debt monsters of the past have tended to end in deflationary depressions, but it's important to understand that gold can rise in this kind of environment. Remember, gold rises during economic uncertainty."