Year: 2014

“Our main format is now video analysis…”

Encompassing the year end and its holiday on Wednesday, this week has been notable for precious metals.

The future price of gold cannot be discussed without considering its implied discount rate expressed through time-preference.

This post includes charts of our silver producers index which contains 14 silver producers and is partially weighted by market cap. A few weeks ago, volume (smoothed) hit a 5-year low as the index was trying to make a new low. Note how the index was supported by a 13-year trendline.   A closer look … Continue reading

In early November we turned bearish on the precious metals with the expectation that the sector was about to begin a final plunge that would lead to a V shaped bottom. In our last editorial, we asserted that the bear market was in its final throes. Interestingly, the plunge in precious metals stocks may have … Continue reading

Gold is set to post its biggest annual loss in more than three decades as rallying U.S. equities and optimism about a synchronized global economic recovery lowered its….

Since I do not have a crystal ball, it is remarkably difficult to answer that question. I could answer the above question with a yes or a no…..

Yes folks, it’s that time of year again; but unlike old Khayyam who reflected bucolically on the continuing availability of wine, we must turn our thoughts to the dangers and opportunities of the coming year.