Posts Tagged ‘mining shares’
Ten Years of Heaven and Hell
Read the Tuesday Afternoon Wrap-up for 5/1/2012 and the Wednesday Morning Commentary for 5/2/2012 May 2002 - the most important month of my life – is now ten years in the past. Back then, I was living in Park Slope, Brooklyn, a sell-side oilfield services analyst at Salomon Smith Barney in downtown Manhattan. My life was as consumed with [...]
The Dying Market
Read the Wednesday Afternoon Wrap-Up for 4/25/2012 and the Thursday Morning Commentary for 4/26/2012 A recurring theme of mine – particularly since “D-DAY,” i.e. November 9, 2010 – has been the complete takeover of U.S. financial markets by the government. Not that they tell you thus, but the evidence could not be more abundant or [...]
Operation Twist is Alive and Well
READ THE FULL NEWSLETTER The face of the US Economic Recovery: Well, Sinclair’s $1,630 has held, once again. After a brief $10 plunge immediately after the Fed’s minutes were released, gold recovered all of its losses and posted a small gain. Still range-bound on either side of $1,650, gold is biding its time waiting for the [...]
Shareholders Unite – In Selling!
Read the Monday Afternoon Wrap-Up for 4/16/2012 and the Tuesday Morning Commentary for 4/17/2012 Sometimes FATE works in my favor, not that I’m “happy” about this topic. Last week, I noted that the Cartel destroyed Tuesday’s HUI gain on Wednesday – even though gold prices were down just a measly buck - and this past weekend, I wrote [...]
Blythe Admission
Read the Thursday Afternoon Wrap-Up for 4/12/2012 and the Friday Morning Commentary for 4/13/2012 Last weekend, JP Morgan brazenly trotted out its commodities criminal-in-charge – Blythe Masters – to “defend herself” on the world’s most sycophantic network – CNBC. Long-time readers know of the venom I have for symbols of American [...]
The “Bennie Bottom”
Read the Wednesday Afternoon Wrap-Up for 3/7/2012 Yesterday was the most I’ve ever written in a day – ten hours – but here we go again, a new slew of “horrible headlines” to confront and the criminally exploitative Greek “debt swap” bailout just hours away. With 60% PSI commitment, it appears a cinch to reach the 66% required to [...]
The Adjusted Monetary Base growth just hit a new all-time high!
READ THE FULL NEWSLETTER We are traveling back to Miami on Tuesday. I will resume writing the Daily from Miami on Wednesday. Doesn’t it almost “feel” like something “big” is about to happen? Is it just me, or do you get that feeling too? There are so many areas that must be controlled: The Dow, interest rates, the Euro, [...]
GLD/SLV Theory, From the Desk of the President
READ THE FULL NEWSLETTER During Miles Franklin’s first educational Webinar last week (replay link HERE), our Q&A queue was so long, we had to answer most of the questions in follow-up reports (read HERE and HERE). By far, the most oft-asked question related to the potential for gold confiscation by the U.S. government, a topic I have [...]
The War Against Us
It's Tuesday afternoon, and just as I started to write my market wrap-up, the following, IMPORTANT headline hit the tape. Sprott has finally pulled the triggered on a new PHYSICAL silver offering, of up to $250 million, and my bet is all, or nearly all, this amount will be filled. For the record, PSLV's premium to Net Asset Value closed at [...]
What do I think will happen in 2012?
READ THE FULL NEWSLETTER Russell's warnings continue. He sums up the stock market, the economy and the election as follows: Subscribers who are buying or holding stocks on the on the basis of the better employment news should remember that deteriorating internals in the face of improving newspaper headlines give us the worst of all [...]
