Steve Saville

The chart displayed below was taken from a recent article at The Daily Reckoning and shows the median gold price forecasts of analysts monitored by Bloomberg.

Despite the recent weakness we are becoming increasingly bullish about the prospects for gold stocks.

In the 1st October Weekly Update we described three signs that will likely be seen at around the time of, or just prior to, gold’s ultimate price top.

The US Presidential Election will be held on Tuesday 6th November and the election results should be known by the time the US financial markets open for trading on Wednesday 7th November. I

Over the years we have read many times that the Bank of Japan (BOJ) has rapidly inflated the supply of Yen.

The following is excerpted from a commentary originally posted at www.speculative-investor.com on 23rd September 2012.

The following is excerpted from a commentary originally posted at www.speculative-investor.com on 16th September 2012. An Appropriate Quote The great H.L. Mencken wrote: “As democracy is perfected, the office of president represents, more and more closely, the inner soul of the people. On some great and glorious day the plain folks of the land will … Continue reading

The following is excerpted from a commentary originally posted at www.speculative-investor.com on 19th August 2012.

Although it probably won’t happen within the next couple of months, it’s a good bet that the ECB will eventually be prodded into monetising a large amount of European government and commercial bank debt.

Major peaks in the gold market tend to follow major shifts in the monetary backdrop — from a high to a low monetary inflation rate — with a lag of more than two years.