2012-09-01caseyresearch.com

I examined gold's three largest corrections since the bull market began in 2001, including how long it took to recover from those corrections and establish new highs.

The conclusion that emerged is that the current lull in gold prices will almost certainly end soon, if it hasn't already... the remaining time to buy gold under $1,700 will likely be measured in days or weeks, not months.

...

First, once gold breaches its old high, you'll probably never be able to buy it at current prices again in this cycle...

And think about this: it's entirely possible that by this time next year you will never again be able to buy gold for less than $2,000 an ounce -- unless maybe it's in "new dollars" or some other currency that circulates with fewer zeros on the notes.


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