Gary Tanashian

The public now hates the fact that it bought into this gold scam.  “Damn, if only I could have held out and not gotten so emotional, I would have remained calm and let our dear leaders find a solution instead of buying into this bubble” says the public. Real gold players know that the … Continue reading

Global markets are in the midst of a predictable relief rally to the technical bear market that recently became actualized off of various topping patterns that were in force for most of 2011.  It is important to note that this is coming off of a similarly predictable whiff of a deflation scare, as US and … Continue reading

On Friday, the conspiracy pieces were flying (some to my inbox) as indignation surged while gold tanked. One was forwarded by fund manager, NFTRH subscriber and all around sharp guy LL, to which I responded (pardon the crude descriptor for ‘momo’s’): “L, let me ask you this. Why then did my charts tell me … Continue reading

I expected a lot of things today… Gold getting smashed, among them.  But I did not expect to have a green portfolio with 2 hours left ’til the close.  The HUI-gold (GLD) ratio has done some good work as gold continues a very necessary and I bet, ultimately very healthy, correction. http://www.biiwii.blogspot.com http://www.biiwii.com

Au-WTIC Ratio (GOR) As a speculator, gold’s ratio to crude oil (GOR) is important to me as it, and several other ratios pertain to the unique gold mining industry. But as a macro big picture observer managing intermediate turns the GOR, along with so many other gold ratios is important in telling me what is … Continue reading

I have been of the opinion that there was a better than even chance of gold taking a correction after Washington finished its Kabuki dance on the debt deal.  I have been wrong on that thus far, and maybe the dumb money that has piled in over the last month is not as dumb as … Continue reading

Was at a discount to NAV of 1% as of yesterday’s close.  CEF does not spend too much time with gold and silver bugs allowing it to go at a discount.  I am buying some to add to PM miner holdings.  What the hell, have you seen the sentiment in gold & silver lately?  Bombed … Continue reading

First Majestic Silver (AG), makes a move above the 50 day moving average.  Many others in the PM sector need to get above the 50 for the ‘catch up’ move NFTRH has been speculating upon. I have been thinking silver and gold would decline a bit more as the stocks continued to diverge.  But … Continue reading

Updated version of a chart shown a few weeks ago when we ID’d bullish divergence and a potential short term downtrend breakout.  GDX diverged bullishly, broke the 60 min. downtrend and now tries to get above resistance.  If it holds, the short term target is 59. NFTRH subscribers, think about this in conjunction with the … Continue reading

Actual headlines from a popular internet site.  Don’t take this the wrong way, because I highly respect a couple of the names below.  But if you think this is bullish… think again. Rick Rule – Silver Will Trade Like an Internet Stock to the Upside Turk – Gold & Silver Have Bottomed, Summer explosion Ahead … Continue reading