Commentaries

By now everyone knows that Bill Gross/Pimco has sold down his/its Treasury exposure to zero.  Rather than ask “why,” quite frankly, my question has been “why did it take so long?”   In other words, anyone who knows anything about the bond market knows that it would be sheer stupidity to own Treasury bonds in a … Continue reading

Ah, here we revisit my personal Waterloo, gold and its relation to silver. NFTRH still stands by its analysis from NFTRH124, showing gold’s long-term outperformance of silver and nothing I have seen in silver’s nominal price activity, the SGR or all the compelling reasons why silver is going not only to $100/oz., but $300/oz. (I … Continue reading

I was amused at the title “Cash Drains From Treasury as Republicans and Democrats Dither” by Terence P. Jeffrey, who is the author of the book Control Freaks: 7 Ways Liberals Plan to Ruin Your Life….

The past couple weeks we have seen strong distribution selling in the equities market followed by equally large days of buying. These buying and selling frenzies have formed a sideways consolidation.

Perhaps the greatest mystery in the world of finance and economics is why Fed Chairman Ben Bernanke refuses to acknowledge that paper money creation by central banks produced the “global savings glut” which, according to him, destabilized the global economy and led to the crisis of 2008…

(Note:  I wrote this last night.  This morning I found a great post from James Turk on Eric King’s blog: “I’m often asked by people when do I think they should sell their gold? I tell them this time around it’s going to be easy because you are not going to sell your gold, you’re … Continue reading

From Jeff Clark of Casey Research… You already know the basic reasons for owning gold – currency protection, inflation hedge, store of value, calamity insurance – many of which are becoming clichés even in mainstream articles. Throw in the supply and demand imbalance, and you’ve got the basic arguments for why one should hold gold … Continue reading

I’ve read my fair share of history. I know that people have been calling for the collapse of our debt structure for a long time yet nothing has happened. The belief that the U.S. can claw its way out of any crisis is embedded in our DNA. We still have the most mature markets and the … Continue reading

Middle East is still the talk of interest in the commodity markets and the markets have been experiencing substantial volatility over the past weeks.

Silver is presently making its fifth parabolic appearance of this secular bull market for precious metals.