‘Market Volatility’ Archives
Gold is starting to recover
For those of you who think I only see the dark side of life, I've got news for you. I enjoy every minute of every day and take nothing for granted. Susan and I shake our heads in amazement, every day, and marvel at how blessed we are. Life was not always easy. In the fall of 1983 we were on the verge of bankruptcy, as we both suddenly found [...]
Why I believe gold will continue to rise.
The jury is in. Larry Edelson's bearish forecast is just plain wrong! I hope you did NOT take his advice and sell out your positions. Oh sure, there was a correction, or more accurately, a Cartel-led smack-down, but strong physical buying out of China and India provided a "floor" for gold and silver to base off of. Gold held firm just above [...]
The Gold Conspiracy Debate: Part 2
Not all of my readers are fans of Ron Paul, but he hammers away at the important issues that I address in this newsletter. Here is an excellent link to an interview that you should probably explore. Thanks to our friend Bill L. for calling this to our attention: Economic Policy Journal Well, my comments in yesterday's daily on Conspiratorial [...]
Gold and silver are now going through a period of consolidation.
I spend hours every day reading about precious metals and the global economy. Every now and then, an article, or a sentence or two really stand out and grabs my attention. The following comes from our number one source of inspiration, Jim Sinclair. Jim wrote: The movement in gold continues and is playing out quite nicely according to Kenny's [...]
Is this a good time to buy gold?
In today's daily, Larry Edelson lays out the case for another pullback in gold and silver. He compares today's economy to 1932-1937. A friend of ours, a first-rate hedge fund manager, commented on Larry's outlook. He said, "Larry compares this cycle to '32-'37 which is misleading-why? Well, for one the leverage in the system today dwarfs the [...]
The markets are swinging back and forth
"The US economy is tipping into a new recession. You have wildfire among the leading indicators across the board. Non-financial services plunging, manufacturing plunging, exports plunging. That is such a deadly combination. We at least have a couple of quarters of worsening economy in front of us. So if you think this is a bad economy, you have [...]
Deflation or Inflation?
A decade ago, Miller Highlife beer aired a series of wonderful light beer commercials on TV during the NFL season staffed with a large number of celebrities who waged a battle - One group shouted "Great Taste" and the other group shouted back "Less Filling". The debate ran for years without a winner, but the message was, of course, that the beer [...]
Gold and Silver are Still in a Long Term Bull Market
Why did gold rise on Monday? Although the media made no mention of it, the Bank of England added hundreds of millions to the money supply on Sunday, their version of QE3. The funds responded by buying gold. I wish to re-state my view that gold and silver are in long-term bull markets that have not ended. My horizon is at least three to five [...]
Are you still wondering why gold plunged so far and so fast?
Even though gold closed down $28.60 at $1,628.60 and silver closed down $0.20 at $30.73, Monday was a very good day for us bulls. Sunday night in the thinly-traded access market, gold hit a low of $1531.90 and silver was mugged down to $26. Quite a strong showing from that point on, I say. The reversal is continuing as I finish writing the [...]
The more the prices fall, the higher the premiums rise on gold and silver
"This week ended with the Mr. Bear tipping over the portfolio valuation of professional money managers, and individual investors, alike. He's after garbage, and there is no shortage of that in the world's financial markets. But don't blame him for the decline of gold and silver. The corrupt ways of central bankers and government regulators are [...]
