Canvas Secondary

Ultimate Cost of 0% of Money

Since the early 1990 decade, the nation’s maestros have promulgated the notion that cheap money is a beneficial factor for the sustenance of wealth, for economic development, for the standard of living, for the robust industries, in general for the American society. Nothing could be further from the truth, but even today the reckless US […]

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Gold Has Been A Terrible Investment?

How many of you hear these financial advisor morons get on CNBC and discuss what a lousy investment has been over the years?  What?  Oh, it doesn’t pay interest?  Junk bonds paid tremendous interest all thru the 1980’s and then the market crashed hard.  99% of the world lost substantially more in capital loss than […]

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3 Things that Could Halt Gold’s Run

Normally we write about the things and conditions that cause precious metals to rise. While these things may be obvious, the corresponding rise in the bull market will not always be consistent and linear. Small and large corrections will occur along the way. Some will be purely technical while some have real drivers. There are […]

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This past week in gold

This past week in gold By Jack Chan at www.simplyprofits.org 12/25/2010 GLD – on sell signal. SLV – on buy signal. GDX – on sell signal. XGD.TO – on sell signal. Summary Long term – on major buy signal. Short term – on mixed signals. We continue to hold our core positions with a hedge […]

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Gold and Precious Metals Update

Gold and Precious Metals US Dollar Chart US Dollar Analysis: The Dollar rally has been plagued by distribution volume, and now looks like it will rally only slightly higher before declining again! Study the volume on my chart.  The power volume of this move is happening on dollar selling!  Big Volume equals Big Money Flows. […]

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