Gold and Silver Index Set to Rebound

http://www.google.com/finance?q=INDEXNASDAQ%3AXAU

Check out this chart on the gold and silver index representing the largest basket of stocks related to the metals.

It shows from a high of 230 it has had a stead downward pressure to reach its current price of 151.  It has dropped each day since and has not shown an upward sign...until today.

If it starts the swing upward it will signal the gold era is upon us and gold could go well past the current highs to 2500/oz and beyond. Silver will also make a shift higher to once record levels of $50/oz.  The only difference this time is that once the truth is out how bad the economy really is, the metals will soar. This will happen during the countdown to the election 2012 and beyond.

Is your position taken in gold and especially silver?

Are you poised to receive the largest transfer of wealth in history?

Or are you on the sidelines waiting for the rest of the herd to start moving. If you wait like the herd, by the time you get to the purchasers window you will have lost 40% gains if not more.

Don't be that person who says,"Gee I wish I had bought a lot sooner at the bottom of the curve".

Business Lesson 101: Buy when everyone is selling...and sell when everyone is buying.