Year: 2012

On this week’s news roster we had a hurricane and the Republican National Convention (which scared some Democrats more than the hurricane), but all eyes are on a small town in the state of Wyoming, Jackson Hole, whose claim to fame is majestic Rocky Mountain scenery and the annual meeting of the Kansas City Federal Reserve.

According to Mark O’Byrne of Gold Core, options traders (sophisticated and smart money) are the most bullish on Gold since the bottom in October 2008. A new and important bullish indicator for the gold market is that gold calls are at highs not seen since the October 2008 low as option traders go long gold … Continue reading

September promises to be a critical and active month for investors, w/ both ECB and Jackson Hole meetings imminent, not to mention Labor Day, which typically marks the return of investors on holiday during the thin markets in the month of August. We ask Peter Hug of Kitco Metals what he thinks of this, and … Continue reading

In its latest Gold Demand Trends report, the World Gold Council reports that gold buying by the world’s Central Banks hit a new record of 157.5 tons, more than double the level of Q2 2011 and accounting for 16% of overall global demand.

MarketWatch has a piece today on the recent headline making noise out of the GOP about a return to the gold standard. GOP’s Gold Standard Idea Isn’t Likely to Shine “The gold standard, it is argued, would foster economic stability and prosperity, primarily by creating price stability, fixed exchange rates and placing limits government deficit … Continue reading

Daily Newsletter – Monday, August 27, 2012 In this issue… – Editorials – Premium Sample Editorials… Today’s editorial: New Cyclical Bull Underway in Gold Stocks The cyclical bear market is over and we, using the HUI and our Silver stock index, compare it to the past cyclical bears (from this bull market and the 1960-1980 … Continue reading

FIRST MAJESTIC SILVER CORP. (AG: NYSE; FR: TSX) is pleased to announce the appointment of Guillermo Lozano as Vice President of Exploration who will head all exploration activities at the Company’s growing portfolio of projects in Mexico. First Majestic is pleased to create this new role of VP of Exploration for Mr. Lozano. He will lead … Continue reading

The gold Bull Run of 11 years (“IT”) is still happening; make no mistake about that.

Three weeks ago we wrote that the short-term outlook in precious metals was bullish. Quoting our conclusion: “The bottom line is this sector is very close to a breakout which would likely confirm the May bottom. The price action has started to improve and the sector has not been deterred by the aforementioned bad news … Continue reading

Fish are jumping and the cotton is high. Yes, it’s summertime and the living is (quantitatively) easy. At least that’s how it looks from the Federal Open Market Committee minutes for the July/August meeting that revealed support among some of the members for a new round of quantitative easing.