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It’s official …

Larry Edelson | October 15, 2009


It’s now official: The next leg up in gold has begun. To hear my thoughts on what to expect from gold, be sure to view my video for this week.

Best,

Larry



About Uncommon Wisdom

For more information and archived issues, visit http://www.uncommonwisdomdaily.com

Uncommon Wisdom (UWD) is published by Weiss Research, Inc. and written by Sean Brodrick, Larry Edelson, and Tony Sagami. To avoid conflicts of interest, Weiss Research and its staff do not hold positions in companies recommended in UWD, nor do we accept any compensation for such recommendations. The comments, graphs, forecasts, and indices published in UWD are based upon data whose accuracy is deemed reliable but not guaranteed. Performance returns cited are derived from our best estimates but must be considered hypothetical in as much as we do not track the actual prices investors pay or receive. Regular contributors and staff include Kristen Adams, Andrea Baumwald, John Burke, Amy Carlino, Selene Ceballo, Amber Dakar, Dinesh Kalera, Red Morgan, Maryellen Murphy, Jennifer Newman-Amos, Adam Shafer, Julie Trudeau, Jill Umiker, Leslie Underwood and Michelle Zausnig.

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© 2009 by Weiss Research, Inc. All rights reserved.

15430 Endeavour Drive, Jupiter, FL 33478

Larry Edelson has nearly 33 years of investing experience with a focus in the precious metals and natural resources markets. His Real Wealth Report (a monthly publication) and Resource Windfall Trader (weekly) provide a continuing education on natural resource investments, with recommendations aiming for both profit and risk management.

For more information on Real Wealth Report, click here.
For more information on Resource Windfall Trader, click here.

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{ 25 comments… read them below or add one }

JIM October 15, 2009 am31 8:48 am at 8:48 am

THANKS FOR this INFO .I SOLD SOME OF THE JUNIOR MINNERS YESTERDAY ,I”LL REBUY TODAY, I;M IN!!! THANKS

Reply

Mary Harness October 15, 2009 am31 8:52 am at 8:52 am

Interested in gold prices , have some old coins to sell

Reply

Ken Howell October 15, 2009 am31 8:53 am at 8:53 am

Video Unavailable

Reply

SHTF MAc October 15, 2009 am31 10:03 am at 10:03 am

Excellent, assessment, as always, Mr. Edelson. While the long term trend for gold is up up up, I am still hoping for another solid pullback so I can stock up on those gold recommendations in the Real Wealth Report. I have been moving in slowly for the last 6 months… but i want more – and at a cheaper price!

Memo to Ben: Please land the helicopter for a few months so we can get another shot at gold $950!

Mac

Reply

Barbara James October 15, 2009 am31 10:26 am at 10:26 am

Volume al the way up, but i can”t hear anything.

Reply

william burks October 15, 2009 am31 11:01 am at 11:01 am

yOUR BROADCAST KEEPS COMING OFF AND ON -VERY ANNOYING.cAN ANYTHING BE DONE.tHANKS.

Reply

Judy watt October 15, 2009 am31 11:27 am at 11:27 am

as the last comment has said your broadcast keeps coming off and on I thought it was just my computer Judy

Reply

Jon Jensen October 15, 2009 am31 11:31 am at 11:31 am

Video and audio fine on my Imac.Another great video and commentary.Maybe because I agree with you 100%.Obama just found the resources to give away $250 to every Senior.Also,they are going to extend the gift of $8K for home buyers.Wouldn’t surprise me if they offer another gift to buy a car.Really amazing that Obama Claus(Santa Claus for adults) continues to believe he has unlimited resources to spend any amount.Got GOLD?

Reply

Peter October 15, 2009 am31 11:42 am at 11:42 am

According to “International Forecaster” this morning’s drop in the price of gold is attributable to huge paper shorts being placed on gold by 2 brokerages acting in concert to hammer gold! The question remains with China and India buying gold by the ton…..how long can this shorting continue?

Reply

Jan October 15, 2009 pm31 2:22 pm at 2:22 pm

Living in Canada would I follow the same recommendations.

Reply

rld October 15, 2009 pm31 2:30 pm at 2:30 pm

can you put a writen text link so those of us who cannot for some reason hear your webcast keep abreast of current info. thanks.

Reply

Sangfroid October 15, 2009 pm31 2:31 pm at 2:31 pm

I’ve been considering signing up for Real Wealth for some time; this video convinced me to do it. Thank you.
Question: With the devaluation of the dollar underway, what can we expect to happen to mortgage debt (on an adjustable rate vs. fixed rate)? If the govt is able to devalue its own debt, will my personal debt be devalued as well? What is the impact or relationship? Please point me in the right direction as to any research you may know of.
I’m looking forward to your next video and the newsletter arriving soon.

Reply

David October 15, 2009 pm31 3:35 pm at 3:35 pm

I understand the logic of buying cheap and selling high.
But when you buy gold cheap with worthless dollars, how long
or how much gain do you want before you sell for worthless dollars
AND THEN ANTICIPATE THE DOLLAR TO BE DEVALUED?
Thank you for your efforts to bring us public a reasonable anticipation of
appreciation for our blood sweat and tears that we have worked for
over our lives!!

Reply

Dan Sanders October 15, 2009 pm31 3:57 pm at 3:57 pm

Hi Larry,

As always, I thank you for your valuable insights! I find your Real Wealth Letter to be well worth the money. I have two questions.
1. What are your thoughts about the Viet Nam ETF’s?
2. Given the free fall of the dollar, do you recommend the UDN ETF?

Thanks so much again!

Dan

Reply

Don Chouinard October 15, 2009 pm31 5:29 pm at 5:29 pm

I have a 8 year old computer that I paid 100 dollars for. your video and sound come in perfect.

Reply

Adrian Shepherd October 15, 2009 pm31 9:14 pm at 9:14 pm

I really enjoy all the articles and videos here at Uncommon Wisdom but I can’t tell you how many times the video has been unavailable. I am using an optic fiber connection so speed isn’t the problem. I don’t know what’s going on but whatever system you’re using over there isn’t very reliable. Very frustrating because I do want to watch them. Why not use Youtube posts…much more stable?!

Reply

Gao Xing October 15, 2009 pm31 10:23 pm at 10:23 pm

You only alerted your members on Wednesday? That would be wednesday the 14th!!!!
Gosh that is right when Gold hit topped out at least temporarily…I have been riding this
up the past couple of weeks.

Reply

Eric October 16, 2009 am31 9:00 am at 9:00 am

Larry
Thank you so much for your videos and uncommon wisdom series. They are truly the lightower in a sea of bullshit. Keep up the great work.

Reply

Eric October 16, 2009 am31 9:04 am at 9:04 am

Dear Larry,
Thanks so much for your uncommon wisdom series and the videos. They are like a shining beacon in a sea of confusion. Keep up the great work.

Reply

Greg Jones October 16, 2009 am31 9:23 am at 9:23 am

Larry,
Please stay away from overstating Gvt. dept. (125T) ! This obviously assumes future obligations neglecting future reciepts.
Poor bookeping method. It streaches your credibility.
Greg

Reply

me October 16, 2009 am31 11:21 am at 11:21 am

iz… Larry..we r gonna witness the real BREAKOUT in the next few weeks…

Reply

cozy October 16, 2009 pm31 12:34 pm at 12:34 pm

And that’s why Gold is down today.

Reply

Rick Bazany October 16, 2009 pm31 12:43 pm at 12:43 pm

Great update. Thanks for moving the photo panel so we can see the charts better.

Too bad your subscription service is so costly. I’d like to use it but just can not justify the cash outlay in these times. Maybe you could come up with an offering for some of your wannabe clients who are no so well-heeled. We still need some money left over to invest once we pay fo and get your specific recommendations.

Reply

Brandon October 18, 2009 am31 3:24 am at 3:24 am

Buy a quality microphone like q Sony so we can hear you!

Reply

daria October 18, 2009 pm31 6:07 pm at 6:07 pm

I have an inexpensive computer and view your videos perfectly [no problems]. many THANKS. In addition, would love to receive your letter as well but as stated by another blogger some wannabes are unable to fit the cost in budget.

Reply

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