‘Buy Gold and Silver’ Archives
I Don’t Get It
A couple of years back I wrote a piece similar to what I'm thinking right now. I couldn't understand how people couldn't see what was happening. Now, it is so obvious where we are headed yet it seems that the "disconnect" between those who can "see" and those who can't (or refuse to) has grown. On the one hand you have the people who warned [...]
A Very Good Quote
"The important thing which every investor needs to understand here is that the Fear based buying potential of the Gold space today is the sum of all the previous expansions, which is potentially the greatest Bull market in human history attempting to fit into one of the smallest and explosive markets in human history...physical Gold is now quite [...]
Who got the 10 million ounces of gold that left GLD?
Read the Full Newsletter The three-headed monster. That's what you get, here at Miles Franklin. You get the commentary from David Schectman, founder; Ranting Andy Hoffman, Marketing Director; and Bill Holter, Cowboy, ex-Wall Street brokerage executive. We all follow the same industry icons (including John Williams, Jim Willie, Bill Murphy, Jim [...]
It Was Only a Precursor to What’s Coming
The last 4 weeks has seen huge and unprecedented global demand for both gold and silver. Between just China and India the demand was close to 400 tons of gold... then you add in the rest of the world. Compare this 400 tons (from just 2 countries) to the 200+ tons that was dug out of the ground over the same time frame. During this period we [...]
We Are Right!
READ THE FULL NEWSLETTER The following commentary from Richard Russell is as perfect of an analysis of what many of us face every day from the people around us that never bought into our view of gold, the dollar, the economy and the stock market. The smugness on their faces says it all. They need not rub it in. May 8 2013 Gold -- In all my [...]
The CFTC
I wrote yesterday about how the CFTC would look into Bitcoin yet nearly 5 years after the silver investigation we have heard nothing. In a roundabout way I saw a reply from Bart Chilton this morning to several writings yesterday (I suppose my own also), he states the following submitted by reader “Dan”: Subject: RE: as per bix..care to [...]
Hand Holding 101
READ THE FULL NEWSLETTER For the sake of simplicity, let’s classify the people who own gold into three groups. There are the true believers, and they are in the minority. I classify myself in this camp. Then there are the people who start to lose faith as the price falls and they look for someone to blame for their (paper) losses. [...]
A 2 Tiered Market
I wrote as far back as 2007 that the metals "markets" would become 2 tiered. There would be 2 prices, the paper market and the real physical market. We may be at the beginnings of this event becoming reality. Particularly in silver this is already the case though it did happen back in 2008 and the 2 markets eventually converged again. The [...]
Mother Nature and The Cartel Can Throw a Wrench Into What is Normal or Logical – But Never for Very Long
READ THE FULL NEWSLETTER Yesterday, May 1st, here in Minneapolis it was snowing. The buds are ready to burst on the trees - and snow was falling. This makes no sense. And neither does the gold and silver market. We should have weather in the 70s, not the 30s. Gold and silver should be moving up, not down. The economy is slowing [...]
No One Could Have Seen it Coming
We have watched for months while the COMEX prices of gold and silver were capped. We watched a circus of paper selling 2 weeks ago crash the "prices" and we watch again today. Gold is "down" $25 and silver 75 cents. This in the face of massive physical demand which has at least doubled globally and up 3 or 4 fold depending upon the area of [...]
