This time it's on inflation investing.....
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Web Site: http://www.thedailygold.com
This time it's on inflation investing.....
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Jordan Roy-Byrne, CMT
The various large-cap gold stock indices are readying for a major breakout. As we’ve noted, this isn’t just a breakout through 2008 highs but a breakout through highs dating back to 1980. Yes, there are some gold stock indices like the Barron’s Gold Mining Index and others, which show a 30-year...
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This nugget comes from Peter Spina and GoldForecaster.com
UBS, in its annual poll of central bank and sovereign wealth funds found nearly a quarter of central banks believed gold would become the most important reserve asset in the next 25 years.
At its annual seminar for sovereign institutions, UBS surveyed more than...
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Keith Neumeyer, President and CEO of First Majestic Silver joins us to talk about FR's quarterly results, their outlook and Silver.
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Both the gold stocks and Silver had big 3% gains today. As you can see from the chart below, both markets are nearing a test of 2008 resistance.
A move past the 2008 highs would be an important breakout. However, it is important to note that in both Silver and various large-cap gold stock indices,...
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Months ago we wrote about the true causes of hyperinflation. We proceed to expand upon our views as we disagree with the views put forth by John Mauldin, Mike Shedlock and now Jim Rickards who all focus on velocity and/or bank lending as important causes of hyperinflation.
The reality is that hyperinflation is first and...
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As per Mark Hulbert’s HGNSI, Gold market timers are now more short-term bullish.
I base these comments on current gold market sentiment, as indicated by the average recommended gold market exposure among a subset of short-term gold market timers tracked by the Hulbert Financial Digest (as measured by the Hulbert Gold Newsletter Sentiment Index, or...
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After the junk from Brett Arends and James Altucher, the WSJ finally has some worthwhile analysis on Gold. However, there are still many holes in this piece.
The author basically concludes that Gold is a currency and not a commodity because it has followed US Dollar movements closely. Yes, we all know that Gold...
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In our last editorial we showed a few charts of our junior gold and junior silver indices.
Gold has moved well past its 2008 high and the same has happened with our junior gold index. Silver, at its recovery peak was within 7% off its 2008 high while our junior silver index was 25% off...
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The US Treasury reported that the budget deficit hit $165 billion in July which is actually less than the near $180 Billion in July of 2009. Month to month activity is volatile so it is best to compare single months to previous years and compare several months of data. I looked at the deficit...
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