Another Precious Metals summary from Frank Holmes and US Global Investors…..

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…..

According to recent BCA Research, it is difficult to see precious metals accelerating on the downside in the medium term, despite Fed’s announcement of tapering……

Tiho Brkan: …my opinion continues to be one of caution in the short term and extreme optimism in the long term. Let me explain…

For awhile now, I have maintained that Gold and Silver could make a lower low and create a fabulous buying opportunity (and possibly a final low)….

CEF is trading at a 7% discount to NAV….

The chart below focuses on various metal prices and hedge fund positioning. Gold, majority of the time is a precious metal with little industrial use. Silver is a hybrid, with industrial use as well as precious nature. Interestingly enough, throughout history Silver has been associated with the use of currency even more then Gold. Finally, … Continue reading “Sentiment on Metals”

Notes and commentary from BCA Research, Goldman Sachs, Frank Holmes & Tiho Brkan…

Positioning currently stands at 76,600 net long contracts on Gold and 18,200 net long contracts on Silver…