Adam Brochert

Many recent published commentaries appear to have lost perspective on the now much-hated Gold stock sector. The fact of the matter is that, technically, the secular bull market in Gold stocks has not even been confirmed. I do believe that in retrospect, the late 2000 bottom in Gold stock indices will be “the” bottom, much … Continue reading

It has been a 1.5-2 year sideways affair for the precious metals (PM), depending on whether you look at silver (peak in April of 2011) or Gold (peak in August of 2011). PM stocks, on the other hand, have done quite a bit worse than go sideways. While the more conservative Gold has only fallen … Continue reading

2012 wasn’t a fun year for most Gold bulls. Seeing the S&P 500 outperform Gold and seeing Gold stocks get decimated through the 1st half of the year was enough to create suicidal sentiment that is now only marginally improved after another prolonged correction in the precious metals (PM) sector to end the year. … Continue reading

Mr. Hugh Hendry is a successful hedge fund manager with a bit of a rock star aura in the financial community. He has a colorful personality and keen insights to accompany his track record of making good money for his investors. In a recent interview, he said the following: “I am long gold and I … Continue reading

I often harp on the Dow to Gold ratio, as I think it is the easiest way to see the “bigger picture” secular trend of poorly performing common stock markets (i.e. paper) relative to the free market’s real money (i.e. Gold). I have been not-so-patiently waiting for a turn in this ratio back to the advantage … Continue reading

And it is about time! After a 40% bear market (the second worst of the secular Gold stock bull so far), the large majority of investors and speculators have been worn out or scared out. The mid-May bottom was THE bottom in my opinion and we have a long way to go on the upside. … Continue reading

The last time I called an important bottom in the precious metals sector was on December 29, 2011 (as documented here). Well, it’s time for another important bottom. I believe the late December lows in the precious metals (PM) sector were THE lows for the metals, for the GDXJ ETF (a rough representation of the … Continue reading

When ignoring the day-to-day noise and focusing on the intermediate to longer term, all the pieces in the puzzle are lining up for another significant cyclical bear market. Yes, policy makers will do everything in their power to prevent it, just like they did in 2007 and 2008. Bear Sterns, Lehman Brothers, Fannie and Freddie … Continue reading

Let others worry about trampoline jumping fiat currencies in the financial arena constructed by paperbugs. Gold bulls know all paper is sinking relative to Gold (and silver). It’s not rocket science, it’s the common sense that seems to be in short supply in a world held hostage by printing press-running central banksta fascists/corporatists. Here are … Continue reading

In the modern fiat world, a deflationary-style stock market collapse isn’t supposed to happen. And yet that is exactly what Greece has already experienced and I don’t think it’s over yet. Here’s a modified chart any real bear has seen before: the first half of the 1929-1932 Dow Jones Industrial Average stock market bear, … Continue reading