Ohhh, It's About To Get Good!
For all of us that are "all in" regarding gold, here's an insight from Casey Research that just can't help but give you the warm fuzzies all over! Enjoy.

"...the Treasury market is now the largest bubble on the planet. How big a bubble can be understood by comparing the record-low rates just mentioned against the record size of the U.S. debt and its record deficits.

This is the part where it gets exciting - at least if you are paying attention.

Once the pin hits the bubble - and that pin is the inevitable price inflation that pushes today's negative real yields even deeper into the red - not only will the world's central bank be scrambling for a new home, but so will a tsunami of money coming out of bonds, the world's largest financial market by a wide margin.

As to where that money may go, you can rest assured it won't be the yen - which is in almost as much trouble as the euro or the renminbi - at least not as long as the communists are still in control.

Which leaves gold, the all-time indisputable champion of money.

Already we have seen a big swing in central bank reserves of gold, with the bankers collectively switching from being net sellers of millions of ounces of gold annually as recently as 2008, to being net buyers. They'll be buying more.

The Near Term
Since we're engaging in speculation about the future, I would add that in the near term, I expect the frenzy in gold to abate and prices to consolidate for some time. Any time a market moves as far and fast as gold has of late, it almost certainly has to take a pause.

It's worth remembering that just a month ago, on June 12, the price of gold was "just" $1,550. So even a fall of $200 per ounce (gasp!) would mean absolutely nothing in the overall scheme of things. That is not to say you should try to trade any pullback - there are too many black swans circling overhead - just don't worry if gold does correct.