PIMCO On Gold - The Simple Facts

This is a reiteration of the outlook of gold from PIMCO.  They manage the world's largest bond fund, with over a $1 trillion in assets under management, which means their client fees are probably in the billions.  Chairman Bill Gross is a billionaire many times over.  I've been making these same observations on gold for several years on this blog--for free.  And at much lower gold prices.  Call this gold bug an early adopter, with the foresight to see the financial storm before most, while ignoring the propaganda put forth by our government officials, the banking cartel, academia, and complicit mainstream media outlets.

Frankly, the SMART money has been on the gold bandwagon for a decade--against a sea of skepticism.  As contrarians, we like taking unpopular positions, because we understand the madness of manias (and the math behind them).  The BIG money is slowly but surely moving in the same direction, driving up prices in controlled fashion.  However, expect high volatility going forward, as the big manipulators attempt to short the paper markets, while physical demand for gold and silver bring in bids on market dips.  It will be a war of attrition, with market forces eventually overwhelming the short-term manipulators.  And expect the DUMB money to be buying gold and silver at much higher prices.

http://www.zerohedge.com/news/2012-10-01/pimco-gold-simple-facts