Posts Tagged ‘bull market’
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 [...]
Trading the gold and silver market is best left to the Pros
READ THE FULL NEWSLETTER Round numbers are important. Gold closed ABOVE $1650 today. Let’s take every small victory we can. Andy Schectman, Andy Hoffman and Michael Spector are out of the office all week, in San Diego at the Casey Conference. Ranting Andy is still writing from San Diego. The Cartel is busy at work again this [...]
Chutes and Ladders
Read the Thursday Afternoon Wrap-Up for 3/8/2012 and the Friday Morning Commentary for 3/9/2012 In my continuing coverage of the “Crime of the Century,” I have done further research that proves, beyond the shadow of a doubt (at least in civil court), the point I have been making for the past ten years. That is, that nefarious forces [...]
Greatest Threat to Precious Metals Purchasers Will Be Supply Shortages
READ THE FULL NEWSLETTER In case you wonder what Andy Schectman does after work, here is a picture, from Fox Sports Network, of Andy at last night’s Timberwolves game. He’s the one with the baseball hat. We owned courtside seats for over a decade, but gave them up several years ago when the team hit the skids. But now that they’re [...]
Why Was There a Gold and Silver Smackdown?
READ THE FULL NEWSLETTER Everyone has an opinion on why gold and silver were smacked down on Wednesday. In today's daily, I have gathered together opinions from experts ranging from Jim Sinclair, Ed Steer, Ted Butler, Bill Holter, Bill Murphy, Andy Hoffman and John Embry. Martin Armstrong said it best: Nevertheless, this Flash Crash was by no [...]
Leap Day Violation
Read the Remainder of Leap Day Violation and the Thursday Morning Commentary for 3/1/2012 Like Ice Cream in July. Whenever we are subjected to a farce like today, I remind myself of David Schectman’s words, suggesting I would “melt” without the Cartel to play my foil. From a business standpoint, he makes a strong point, as the greatest [...]
The End of the Gold Bull Market
READ THE FULL NEWSLETTER THURSDSAY AFTERNOON WRAP-UP 2-2-12 Things are getting interesting again, with the Cartel nearing the end of its nine lives, though not dead yet. It's not just that the VERY KEY ROUND NUMBER of $1,750 was finally breached after ten attempts over the past three days, and thirty in the past four months, but the manner [...]
Next resistance level for gold is $1,750
READ THE FULL NEWSLETTER On December 31, 2001, gold owners celebrated a historic year. It was on that day that gold closed out the year at a higher price than where it started. Its closing price was $276.80 per ounce. Every year since then, gold has closed the year at a higher price than where it started. It's the greatest, most [...]
Bullish on Silver
READ THE FULL NEWSLETTER Silver to Break $100 in 12 to 24 Months - John Embry, Sprott Asset Management _________________________________________ Please check out the following YouTube video on the National Debt. It is wonderful and I have no doubt that you will forward it to your friends and family. DEBT LIMIT - [...]
