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While still working on Wall Street, I began recommending gold in late 2001 to my clients just when the bull market had commenced. As you might imagine, it was very difficult to convince older investors that gold was beginning to enter a bull market after it had done nothing for nearly two decades.

By 2006, I felt this bull market was still in the early stages when my gold forecast was officially published in America’s Financial Apocalypse. A good portion of this forecast included the effect of propaganda on the price of gold as the collapse began.

Up until the past couple of years there have been some real drivers of the gold bull market. In contrast, over the past couple of years the massive wave of propaganda delivered by an enormous network of gold hacks has been the primary driver of the bull market in gold. Nevertheless, the price of gold has largely remained within a permissible volatility range over that period. However, bubble-like price spikes threaten to end this bull market prematurely. We have already seen a few of these price spikes over the past couple of years. [1]

Fortunately for gold investors with a buy-and-hold strategy, these brief periods of mania and panic have been followed by price corrections. Most of these individuals have failed to recognize importance of these adjustments.

Let me explain.

Understanding Manipulation of Gold by the Media