Posts Tagged ‘bull market’
You Can’t Look at These Markets as a Freeze-Frame Moment-In-Time
READ THE FULL ARTICLE I have closely followed most of the industry stories that discussed the recent ambush of gold and silver. Opinions vary as to who was responsible, why they did it and when the fall will end. I think it’s safe to say that when hundreds of tonnes of “paper” gold are dumped on the market in a matter of hours, the [...]
I Had a Revelation
READ THE FULL NEWSLETTER I had a revelation. After listening to Hedrick Smith, I think I understand why all of the people Backwoods Jack talks to, including the president of the fifth largest bank in America and people from Wall Street and industry, and like his friends in upper management at Cargill, are all so upbeat on the economy. [...]
“12″
Read the Thursday Afternoon Wrap-Up for 12-27-12 and the Friday Morning Commentary for 12-28-12 I have survived “TEN YEARS OF HEAVEN AND HELL” in the PM sector, but the bull market is now in its 12th year. Or should I say, the bear market in fiat currencies that started at the turn of the century is alive and thriving; with only MASSIVE [...]
I Admit It, I am a “Perma-Bull,” At Least For Now
READ THE FULL NEWSLETTER One of our readers accused me of being a “perma-bull.” Yes I am, and what is wrong with that? Since I moved from neutral to bullish, in 2001, gold has risen from less than $300 to its current price above $1,750. Gold has finished every single year since 2001 ahead of the previous year’s close. Anyone who [...]
A Picture is Worth a Thousand Words
READ THE FULL NEWSLETTER Check out the following two charts. They fall into the category of “a picture is worth a thousand words.” Throughout this decade-long bull market, I have urged our readers to buy physical gold and sit on it, not trade it. I maintained that if you follow that simple advice, “you have already won.” That is [...]
Stop Being So Nervous About Where Gold Is Headed
READ THE FULL NEWSLETTER Today I received three phone calls from friends who have each purchased over $100,000 worth of gold from Miles Franklin. All three have been in the market for years and are well versed on why it is important to own gold and they all know only too well my bullish feelings on where gold is headed. All three started [...]
The Final Chapter Ends Very Well for the Goldbugs
READ THE FULL NEWSLETTER I want to thank all of our readers who sent in their heart warming comments on my D-Day essay, Friday. I made it a point to personally answer each one. I have included one of the e-mails that captures the emotion contained in so many of your responses. Find it in the Mail Box section at the end of the [...]
Ethics
Read the Monday Afternoon Wrap-Up for 6/4/2012 and the Tuesday Morning Commentary for 6/5/2012 Success in business – and life – depends on numerous factors. Social skills, intelligence, and ingenuity to name a few - particularly given today’s DISMAL global economy and DETERIORATING social fabric. At 41, I’m far from “old,” but [...]
This is Not the Time to Bail. Stick With us Through the Summer.
READ THE FULL NEWSLETTER You are now witnessing the bull doing its best to “throw you off.” This is NOT the time to bail out. I am serious when I tell you, this is the time to add to your positions. Nothing fundamentally has changed! In fact, the fundamentals have never looked better for gold and silver. Stick with us on this. [...]
The bottom for gold was $1,630
READ THE FULL NEWSLETTER Note in the following 24 Hour Sport Gold chart, the sudden “waterfall” plunge in the price of gold. Of course, it happened AFTER the close of the market (NYMEX) when the trading is thin and the market is easy to manipulate. Free markets, my arse! This is selling by a non-profit motivated seller. Someone or [...]
