Doug Casey- Gold's Breakout,Lobo Tiggre Doug Casey on Golds Breakout and What Comes Next The price of gold is soaring This week, gold climbed above $1,500 for the first time since 2013. Its now clear that gold has broken out of a six-year trading range. We think this signals an imminent turning point in the gold market. It could be the start of an epic bull market unlike anything weve ever seen. Here is what Doug Casey says you need to do before its too late. Doug Casey here. The recent move in gold has grabbed everyones attention. Theres a lot of fear building up, and that always drives gold prices. The thing to remember here is that since the crisis of 2008, not just the US but all of the major governments in the world - the Japanese, the Chinese, the Europeans, and all the little countries too - have been printing up money hand over fist. Most of that new money has gone into the stock and bond markets, and certain areas of the real estate markets. Now interest rates are at all-time lows, and over $14 trillion of bonds have negative yields - something that should be metaphysically impossible. Money is finally starting to filter down into commodities. All of which are extraordinarily depressed right now. So, I'm bullish on gold. I don't think this is a false start. It last peaked in 2011 around $1,900. Gold is going back to at least its previous high, and that goes for all the other commodities as well. I've always been very big in mining stocks and they're very cheap right now. When they run, the whole group can go up 1,000%; its done so several times since the dollar was devalued in 1971. I'm very involved in mining exploration and development stocks in particular at the moment. I suspect we are going in to a real mania in mining stocks. Ive seen several fantastic ones over the last 40 years, where the junior stocks - as a group - move 10-1, with favorites going 50 or 100-1. Or more. The odds of it happening again are extremely high, and when it does, the returns will be extraordinary. Many more bubbles are inevitably, and predictably, going to be created. And junior resource stocks are not only the most likely bubble-to-come but also very likely the biggest. In that regard, I have a very simple, but powerful recommendation for you. I want to recommend the services of my friend and colleague of many years, Lobo Tiggre. I can say with some pride that Lobo was my student for the better part of two decades. Hes now on his own, publishing The Independent Speculator. Friendly competition is good. The market can always use another good analyst. More important is that Lobo has his own style and focus, which is both different from and complementary to my own. Even more important than that, his work is excellent. The material he gives away for free at IndependentSpeculator.com is far more valuable than the recycled news and opinions of many blogs. It features analysis of commodities, companies and markets seeing significant action. And thats just on his free blogwhich, if you subscribe, youll be pleased to find does not result in a torrent of unwanted junk email hitting you every day like a firehose. You probably know that I like to buy in private placements. There are people I rely on who patrol the streets of Vancouver and Toronto to bring me word of the best deals of that sort. Lobo does this too, but his specialty is in identifying stocks to buy on the open market - stocks that, when they go up, usually go up a lot. Now, I mentioned Lobos style. Hes not one for hype and sensationalism. Hes the type of guy who prefers to look you in the eye, offer you a square deal, and do business on a handshake. Ive known him almost 30 years, and hes always been a straight shooter. Doug Casey PS from hartadd. It would be good if Lobo Tiggre, if he was convinced by G.O./BHS before, revisited BHS. Also Bob Moriarty, someone said they e-mailed him recently and he said he was still on board with BHS and still had his BHS shares. At some time G may have to promote BHS, or does the board think this will be not needed when we finally produce and start selling silver. Lastly G says in the latest press release"Even though silver has had a sharp rise this past month, the silver to gold ratio has only dropped from 94:1 down to 88:1 and the following article at GoldSilver.com provides a timely reminder that, in their opinion, the ratio has much further to fall as silver price at US$17.00 still lags golds recent advances". I hope this is not G speak for him saying he is going to wait for the silver to gold ratio to decrease further, with the consequent rise in silver prices, before he finally produces and sells silver. What does the board think on this?