bullion prices derisked for 2 years

Well there are no certainties in anything, especially when you are trying to predict the actions of corrupt and incompetent governments.

However according to BoA analysis the Fed will be printing another $2.2 trillion over the next two years if it is to achieve its stated goal. And if you have ever seen a graph of US debt against the gold price you will see they match very closely.

It would have been fairly safe to assume this would be the case anyway, however the Fed coming out an openly stating it will keep printing until morale improves makes it certain.

Then we have the knowledge of China continuous accumulation of gold reserves, likewise Russia. And increasing talk of the gold standard.

There has been no public mania in relation to gold from the general public or corporations, though this is possible if something panics them in the future.

Europe is still also at another crossroads where TPTB want to print endlessly (not withstanding Germany at some stage upsetting all these plans) thus also devaluing the Euro and improving the price of gold. There is lots of turmoil in Europe, and uncertainties make bullion more and more attractive.

Upshot is that the certainty of increasing gold prices I think has been guaranteed for the next two years, and likely with some wind behind its back. (The unknown will be the AUD / China).

This leads me to think that I should rebalance my portfolio with increased exposure to gold (and silver stocks). And for me that means only Australian based mines and producers to remove geopolitical problems aka South Africa right now.

I'm no expert of course, and may be stating the obvious. But I think that now most bullion stocks should generally be considered undervalued, in light of what we know is coming.

by the way. DYOR