‘Gold and Silver ETF’ Archives
The Talk is that the Internet Tax Will Become a Law
Read the Full Newsletter Every one dollar in three is spent on the economy comes from the U.S. Government. The Government borrows 43% of every dollar it spends. This is clearly not sustainable. The dollar is rising against everything! Yen, Euro, Yuan and all other currencies. Talk about the “best of a bad lot!” We [...]
How Much Gold Do They Really Have?
"How much Gold do they really have?" This is a question which is asked all the time regarding the ETFs and of inventories such as the COMEX and in London. Of course the real hardcore whack jobs ask even more "conspiratorial" question like how much gold is in Ft. Knox? A logical question mind you since there has been no audit since 1956, but [...]
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 [...]
Physical Demand is Pulling the Metals Back Up
READ THE FULL NEWSLETTER Source: TruthInGold.blogspot.com Larry Edelson called the top for this rally off of the bottom at $1458. He missed this call and I suspect he will miss his $1,200 range bottom call as well. Gold finished at $1,468.20, UP 2.56% and silver closed up 5.35%. The “never let gold rise more than one [...]
How to Shoot Oneself in the Foot!
We have watched the paper prices of gold and silver get crushed last Friday and again on Monday. Both days saw huge volumes of paper contracts dumped in "all or none" fashion in very tight time frames that had the effect of crashing price. We know through plain old common sense that "intent" was involved because no real holder of gold or [...]
Time to Back Up the Truck?
READ THE FULL NEWSLETTER This morning looks like the final blow-off. Before you panic, check out the latest KWN interview with Sinclair. I know he didn’t expect this follow-up “MANUFACTURED SELLING,” but perhaps this is the bottom he was talking about. Right now the big money is securing physical gold, and using the cover of the [...]
Financial Holy Grail Revisited
Read the Monday Afternoon Wrap-Up for 4/8/2013 and the Tuesday Morning Commentary for 4/9/2013 In my November 12th RANT - “HOLY GRAIL OF THE FINANCIAL WORLD”; I explained “the MOST IMPORTANT WISDOM I CAN IMPART ON YOU”; i.e…. PHYSICAL gold and silver are REAL MONEY, and all else fiat. Or – again referring to Arthurian legend, [...]
Which is it? Risk vs. Return, or Weight vs. Wait?
I read a short piece yesterday penned by Greg Orrell, President of OCM Gold fund. He summed up in a nutshell that "ZIRP" and following the "rule of law" when winding down a bank(s) cannot exist together. The "rule of law" being that when you deposit money in a bank and exceed the insured amount the old saying "you pays your money... you takes [...]
Ask Yourself this Question
"Who" would do this? Who would sell gold and silver going into this weekend? Who would have such a need to sell silver down 50 cents on the open? The stock market is up right? So silver isn't down because there is fear that its industrial usage will shrink. They're not down because Cyprus is "fixed." They are not down because the [...]
TA is for Traders. Physical Gold and Silver are Buy and Hold.
READ THE FULL NEWSLETTER One of the interesting points made by Jim Sinclair in his recent interview with KWN is that technical analysis (TA) has no basis in reality. It is used to manipulate markets and there was a time when if someone said they used TA, they would be laughed out of the room. That’s exactly why people like Larry Edelson [...]
