Today 40-year veteran, Robert Fitzwilson, lays out the incredible roadmap for $25,000 gold. Fitzwilson, who is founder of The Portola Group, wrote the following piece exclusively for King World News which contains a powerful chart that he believes points to a staggering, “... long-term value of over $25,000 per ounce of gold.”
Below is Fitzwilson’s exclusive piece for KWN:
“Value rarely equals price in investing. If it were not so, fundamental and technical analyses would be pointless. The only form of investing that would make any sense would be a judgment-and-research-free process that relied solely upon the underlying growth of the economy. Clearly, that is not reality, particularly where many of the key economic statistics have become so unreliable.
Readers of KWN are well versed in the fact that the prices of the precious metals have been “managed” for decades. In recent years, the prices have gone from being nudged to being outright smashed. The prices of the metals have become completely divorced from the underlying values.
We have argued that silver is the most grotesquely undervalued asset on the planet....
Read More
Below is Fitzwilson’s exclusive piece for KWN:
“Value rarely equals price in investing. If it were not so, fundamental and technical analyses would be pointless. The only form of investing that would make any sense would be a judgment-and-research-free process that relied solely upon the underlying growth of the economy. Clearly, that is not reality, particularly where many of the key economic statistics have become so unreliable.
Readers of KWN are well versed in the fact that the prices of the precious metals have been “managed” for decades. In recent years, the prices have gone from being nudged to being outright smashed. The prices of the metals have become completely divorced from the underlying values.
We have argued that silver is the most grotesquely undervalued asset on the planet....
Read More