Posts Tagged ‘Europe’
Cradle to Grave
Read the Monday Afternoon Wrap-up for 5/14/2012 and the Tuesday Morning Commentary for 5/15/2012 Following my February 10th RANT, “GENERATION GIMME” – in which I described the scary responses of U.S. college students to questions of their perceived role of government – I want to highlight a four-minute video by one of my new favorite [...]
Gold & Silver Will Rise. Stop Worrying
READ THE FULL NEWSLETTER Well, it looks like our favorite gold bug, Jim Sinclair (and Alf Field) was wrong. $1,630 did not hold. Neither did $1,600. It is a bitter pill to swallow, but technical analyst Larry Edelson may prove yet to be correct. My friend Trader David R is looking for gold to test $1,550. The sooner we get back safely [...]
China & the Other Central Banks Are Buying Gold
The update on the latest precious metals slam down with Andy Hoffman and the Financial Survival Network. The reasons to own gold and silver couldn't be stronger. If the prices stay down this low, don't be surprised to witness a major flood of buying. We're also getting into the Indian Wedding Season, which will result in increased demand along [...]
$1750 Is Now Support For Gold
READ THE FULL NEWSLETTER So near, yet so far away. Silver crossed the $34 barrier but still needs to close above $37.50, and then it is set to really take off. Gold has crossed one of its next two key hurdles. $1,750 is now support (instead of resistance) and the big $1,800 lies ahead. From there, gold turns its attention on its [...]
The Top One Percent
READ THE FULL NEWSLETTER The markets are closed today, for Martin Luther King Day. In todays daily, Bob Chapman has a lot of interesting things to say about Europe. I have inserted a few paragraphs from the Dines Letter and Alf Field gives a very educational presentation (via Elliott Wave interpretation) on why gold is headed to [...]
Goldman Sachs vs Andy Hoffman
READ THE FULL NEWSLETTER Monday morning, following a relatively quiet news weekend - aside from the historic resignation of Italy's Prime Minister, Silvio Berlusconi. I know the title of this RANT is riveting (yes, there is an EXCLUSIVE VIDEO at the end), but I need to get through the dirty laundry list of "horrible headlines" [...]
Anti Gravity in the Markets
READ THE FULL NEWSLETTER Over the past decade, I have been asked the same question countless times - If a Cartel is suppressing gold, why does it keep going up? After all, gold has risen for ELEVEN STRAIGHT YEARS, outperforming essentially all asset classes except one...SILVER. The question reflects all that is wrong with society; its [...]
The downside for gold now is minimal, but the upside is well into the 2000s.
READ THE FULL NEWSLETTER I don't know how we all missed it yesterday, but I started the newsletter off with the following statement: "A week ago I wrote that when gold had a weekly close above $1,650, then the odds favored the correction in gold was over. Gold finished the week at $1,654!" You would think I would catch such an OBVIOUS error, [...]
Remember, Remember the Fifth of November
READ THE FULL NEWSLETTER "Remember, remember, the fifth of November, the gunpowder treason and plot. I know of no reason, why the gunpowder treason, should ever be forgot." Today is November 5th, an important, but largely forgotten day in European history. On this day in 1605, Guy Fawkes was arrested for storing gunpowder underneath London's [...]
The global economy has gotten worse
No comments from David today. Take a look at this excerpt from Andy Hoffman below: We're through another weekend, and unfortunately the global economy has gotten worse. In fact, while the rest of us were exercising, doing yard work, and relaxing with family and friends, Central Bankers were DESPERATELY trying to hold the dam together, [...]
