#gldmarketing

[nmfohg-blog]

NMF OHG  - My Analysis of the Gold Market

NMF OHG  - As the story goes, a child finds this shiny rock somewhere in a creek, many thousands of years ago. This could well have been how the human race was introduced to gold for the very first time. Gold eventually became part of every human culture. The fact that gold is widely dispersed throughout the geological world, it was available for discovery pretty much everywhere. Some early civilizations equated gold with gods and important rulers. Because of its beauty, a high value has always been put on gold. The Inca's said gold was the "tears of the sun". Gold was first used as money around 700 B.C.

NMF OHG explains to you Gold is currently in a major bull market. Commodities are currently in a secular bull market and should have at least a few years to go before ultimately this trend changes its course. Gold prices could hit amazing high levels before this major bull market runs its course.

Fundamentally, gold has quite a few factors pointing to higher prices. Many countries, and individual investors alike, are acquiring gold, because of all the uncertainties facing and the world.  Long term, I believe the dollar is facing an uphill battle. The debt, along with the incredible amount of money being printed.

With world demand increasing, and the supply continuing to shrink, the laws of supply and demand make it quite clear. Gold will most likely rally to very high prices in the next few years. There will be price corrections, which will give savvy investors a chance to invest in gold, and make even bigger profits in the years to come.

A daily chart analysis tells gold is currently in a downtrend. The longer the time frame involved, the more weight it carries. So, the monthly and weekly charts tell us the major uptrend is still in good shape. The daily chart tells we are currently in a minor price correction.

The bottom line is, fundamentally and technically, the price of gold should continue to rise long term. In my opinion, the odds dictate. It could possibly go much higher than that. If you see gold rally an incredible amount, in a relatively short period of time, this most likely would mean that gold prices are topping out. In technical terms, it is called a climax price run. That would be the time to sell all your gold, and collect your substantial profits