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A Federal Reserve Bank President makes an amazing public case for “open-ended” quantitative easing — just as gold and silver poise to break out like coiled springs.
Here are four things you need to do now to profit from the big rally about to begin...
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 Brien Lundin
President
and CEO
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Dear Fellow Investor,
It was an extraordinary occurrence: Eric Rosengren, president of the Federal Reserve Bank of Boston, conducted a rare public interview in which he openly called for more quantitative easing from the Fed.
That was unusual enough, but he went further. He called for much more aggressive easing, actually advocating an “open-ended” program of money creation.
And even that wasn’t the most remarkable thing about this development. I saw his interview with The Wall Street Journal, and thought it was quite strange to see a Fed president making such a public proclamation.
But then I saw that he had also conducted a similar interview a few hours earlier with the New York Times. And also with Reuters. And with Bloomberg. And with the Boston Globe. Then, on the TV over my shoulder, I heard him being interviewed on CNBC.
What the heck is going on here?
Fed officials are known for their reserve and reticence in public speeches. While some member of the fraternity is speaking somewhere on a daily basis, they’re usually addressing arcane subjects or talking in double-speak when addressing monetary policy.
Rosengren, on the other hand, was seeking the spotlight and grabbing the microphone. This was a man with an agenda.
And he isn’t alone. While Rosengren isn’t currently a voting member of the Federal Reserve Open Market Committee, it’s a well-known fact that the “dovish” wing of the Fed is powerful and growing.
Of course, the most prominent advocate of money-printing is Chairman Ben Bernanke himself, who gained the nickname “Helicopter Ben” when he said the Fed could simply dump newly-minted money out of helicopters, if need be, to jump-charge the economy.
Now he’s saying that they’re ready to do whatever it takes if necessary.
Here are the facts:
• The Fed released it’s most assertive statement in recent memory following its meeting last week. They assured investors that they “will closely monitor incoming information on economic and financial developments and will provide additional accommodation as needed.”
That’s two “wills” with nary a “may” or a “could” between them. For those who parse every letter of a Fed statement, this is akin to the sound of an action star chambering a round in shoot ’em up movie. It’s only a matter of time until the bullets start flying.
• In a remarkable piece of symmetry, Bernanke is heading to the annual Fed Jackson Hole meeting at the end of this month. It was here that he first launched QE2 two years ago. If they don’t move then, you can look to their next meeting on September 12-13 as the next trigger point.
• Last Friday, the monthly jobs report for July came out with numbers that were actually bearish for gold. Although the unemployment rate ticked up from 8.2% to 8.3%, there were 163,000 new jobs reported in the month, compared to expectations of 100,000.
This uptick should have sent gold tumbling. But instead, gold soared higher. The lesson: A market that refuses to fall on bad news is one that’s fully in bull mode.
And then there’s this...
• Gold, and silver, are coiled like powerful springs. The charts show an ever-narrowing trading band — a “flag” pattern that portends a major breakout. Given the fundamentals supporting gold, like soaring debt, declining economies and massive money printing, the next run could rival anything we’ve seen so far in this long bull market.
But Here’s The Rub...
So yes, we need to prepare for what could be a massive rally in gold, silver and mining stocks just ahead.
But there’s a problem: The latest polls show President Obama leading Mitt Romney in key states by a significant margin...and in some cases actually pulling away.
I’m not going to try to convince you to vote one way or the other. Simply realize that the re-election of President Obama would be incredibly bullish for gold.
And if the polls continue to show him leading, then we will see overwhelming demand for physical gold and silver as the election approaches.
In past buying sprees, we saw inventories completely depleted — the U.S. Mint even shut down production at one point — as orders poured in. It wasn’t a matter of how much you had to pay; you couldn’t get any coins or bullion at all!
Similarly, the prices of quality mining and exploration stocks could soar, leaving slow-acting investors robbed of huge potential profits.
That’s why you and I need to get positioned now.
Four Things You Need To Do NOW
If you hope to take advantage of this powerful new rally in the metals, here are four things you need to do right away:
1) Buy physical metals. Gold or silver, in bullion bar or coin form. I recommended that you buy old circulated “bag silver” coins a couple of weeks ago; if you did so, you’re already making money. This is still the cheapest and most effective way to buy physical metals.
Call American Gold Exchange right now, toll free at 800-613-9323, and mention Golden Opportunities to get the best selection in bag silver coins.
2) Buy Great Panther Silver (GPR.TO). When gold takes off, silver will rise much more quickly...and top-quality silver stocks usually provide big leverage to the gains in silver.
Great Panther is a growing producer in Mexico, and one of my favorite silver stocks. It’s already traded for more than twice today’s price this year, and it could post tremendous gains just as we transition from the summer doldrums.
But if silver takes off as I expect, you could see Great Panther’s share price rocket higher.
3) Subscribe to Gold Newsletter. Gold Newsletter is the oldest and one of the most respected gold investment advisories, and our readers have reaped absolute fortunes during this historic bull market.
This is the newsletter where I reveal my hottest new stock recommendations, and where I provide monthly updates on my top companies.
I’m about to unveil two new stock recommendations in my upcoming issue that you need to hear about. These are two red-hot exploration stocks that I think could triple...or more...in the weeks ahead.
It’s so important that you subscribe to Gold Newsletter, to learn about these two new recommendations and all of the quality companies in our portfolio, that I’m going to make you a special offer:
Act now, and you can subscribe to Gold Newsletter at half price.
Instead of $198, you’ll pay just $99 for a full year of the world’s top precious metals investment publication.
This is a strictly limited opportunity. Click Here to capture it while you can.
4) Come to New Orleans! This is the most important thing you can do to preserve and build your wealth during the dangerous days ahead — attend the New Orleans Investment Conference.
The world’s top experts in geopolitics, economics and investing are gathering here in New Orleans from October 24-27. You’ll hear from Sarah Palin, Dr. Charles Krauthammer, Rick Santelli, Peter Schiff, Dr. Marc Faber, Doug Casey and dozens of the most successful advisors in precious metals, mining stocks and other investments.
This will likely be the most rewarding investment you make all year. But the registration fee is about to rise significantly, and our host hotel should sell out completely once again.
So act now — before gold and silver take off — to secure your place. Click here to learn more about this year’s New Orleans Conference.
The Breakout Is Coming —
But You Must Be Ready
We’re exiting the summer doldrums just when the metals are reaching their crucial breakout. Those who act...now...will be ready to reap the greatest gains.
I’ve given you four specific ways to position yourself for the greatest profits and safety during the uncertain and dangerous days ahead.
Don’t delay. Make sure you’re ready.
Best,
Brien Lundin
President and CEO, The New Orleans Investment Conference
Publisher and Editor, Gold Newsletter
P.S. One of my upcoming new recommendations is a company on the verge of a major new gold discovery in the Yukon. It’s right on trend with the big discovery that started the new Yukon gold rush...with the same geology and even better gold values at this early stage.
You simply must discover this explosive opportunity while it’s still on the ground floor.
Subscribe to Gold Newsletter now, and you’ll discover all the exciting details in our very next issue!
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