Commentaries

It seems that the only growth stocks out there in this market are related to natural resources (i.e. gold, silver, oil, corn). We might only be halfway through the current commodity price cycle and, even if you don’t much believe in it, you can’t argue with the price performance of a lot of commodity-related stocks. It’s the hottest area of the equity market and it’s going to stay that way for a while.

By Adrian Ash 04/16/11 London, England – The current surge in bids to buy silver might seem dramatic, but it’s more measured by far – to date, at least – than the true silver bubble of September 1979 to January 1980. Even so, you may as well call this a record price. In real terms, … Continue reading

By Chuck Butler 04/15/11 St. Louis, Missouri – This morning, I’m seeing news that Moody’s has downgraded Ireland’s credit rating two notches, and China’s economy is still kicking tail and taking names, and a year has passed since my left eye was removed… And there’s more! So, let’s get to work, Chuck! Once again yesterday, … Continue reading

As for where I think gold and silver are going in the short-term gold should make a run to $1,500 now before we see much of a setback. As for silver I think we are seeing a little overshoot of the $40 level here to lure in some more speculators before we see a correction below the round number resistance of $40. You’ll likely get a chance to get more metal closer to the $38 area.

Not long after a New York Times headline quipped, “Now the Gold Rush Is to the Exits,” Campbell & Lee Investment Management Cofounders, Bruce Campbell and Joe Lee, hung out their shingles in Oakville, Ontario. That was late in 1999. With the price of the precious metal (PM) sinking toward its lowest level since 1975…..

I watch expectantly as the national debt again nears the debt limit, and Zero Hour is just a few weeks away, a term I cleverly used to indicate that available credit will be zero. Maxed out.

I let it go at that, as I am not inebriated enough to get up on my high horse to loudly and rudely note that nobody in the corrupt government (including the Federal Reserve) apparently…

Precious metals are proving resilient after yesterday’s beat-down. Gold is back up to $1,461. Silver spent a few nanoseconds below $40 yesterday and as of this writing sits smartly at $40.56.

With regular runs at historic highs, it’s no longer cranky gold bugs and dollar bears doing their share of gold price forecasting….

By Jeff Clark 04/15/11 Stowe, Vermont – It’s no secret that the silver market is red hot. As I write, silver American Eagles and Canadian Maple Leafs are sold out at their respective mints. Buying in India has gone through the roof, especially noteworthy among a people with a strong historical preference for gold. Demand … Continue reading

I feel so strongly about investing in gold and silver that I keep writing about the precious metal sector, even though it goes against my usual philosophy of trying to buy low and sell high.

Gold is sizzling hot! The chart is pointing to potentially more gains. The June Gold contract hit a record high of $1,462.30 on April 6, in what appears to be a breakout on the chart at $1,430, followed by key resistance at $1,440