Adam Brochert

Many people like to look at Japan as instructive relative to the current situation facing the United States (and most of Europe). The current strong up move in stocks has been relentless. It has been no fun and of no use lately to eruditely point out how bad the underlying economy is and how bad … Continue reading

As someone still learning how to trade better (I hope I never stop learning), I wanted to lay out my thought process for re-entering the GDXJ ETF from the long side over the next week. The following is what I expect to happen, and I will re-adjust if the market doesn’t give me what I … Continue reading

Gold’s bull market is starting to get warmed up again. The gains ahead in Gold are going to be greater than what we have seen since the secular bull market began at the turn of the century. Gold will continue to outperform general stocks, real estate, bonds and most if not all commodities. Paperbugs will … Continue reading

Kitco.com’s own new Gold price measure demonstrates that Gold has reached significant new all-time nominal highs. To quote from their website: “The Kitco Gold Index is the price of [G]old measured not in terms of US Dollars, but rather in terms of the same weighted basket of currencies that determine the US Dollar Index.” In … Continue reading

I congratulate GATA and applaud whistleblowers for taking risk to life and career to expose the market manipulation in precious metals. It exists. It is not a tinfoil hat thing, it is reality. However, it is important to not lose sight of the longer term and in the longer term, manipulation doesn’t work. Gold will … Continue reading

Friday, April 2, 2010 I can promise you that the hard Gold bull crowd had to sit thru YEARS of irrational market behavior in the general stock market leading up to the 2000 peak in general stocks. While Gold stock languished in the late 1990s, the NASDAQ bubble rose higher and higher. We are going … Continue reading

Was looking at the Gold forward lease rates from the London Bullion Market Association (LBMA) website (you can look yourself here if interested). It looks like the 1 and 2 month lease rates have inverted for the past three trading days in a row. When you start getting into lease rates, my brain has to … Continue reading

The job, of course, being to wash out weak hands. These hands generally consist of the public and momentum chasers/hedgies/short-term chart jocks. The public, in aggregate, always hates any asset class that is falling, rather than seeing it as a buying opportunity. Chart jocks migrate toward trending markets, and corrections are what happens when the … Continue reading

This is one of those things that doesn’t matter as much as people think. Watching the daily financial news, scanning for clues, looking for justification. One of the great secrets of speculating/investing is the fact that the daily news item chosen to “explain” a move higher is not that important.

…Bottom line: Call me a broken record, but I remain wildly bullish on Gold and Gold stocks at current levels. I still believe we will be making new highs in the Gold price and Gold stock indices before the spring is over….

..Gold is a time-proven wealth preserving asset in periods of economic depression. Government-sponsored cash is also a time-proven wealth preserving asset in such periods as long as your timing is right. In other words, as long as you get rid of the government cash….

…Talk of a Gold bubble over the past 6-9 months grows louder and louder. It is comical and a sign of desperation among those losing their grip on the levers of power and influence. I have never seen a bubble so heavily recognized and announced by the very institutional participants who are pouring all their money into it!…