Commentaries

Do you want to make serious money in the gold market?  The large money in gold over the next 12 months is going to be made in gold stocks. Gold bullion at $1000 back in 2008 on the first touching of that key plateau was not the same “gold stock rocket fuel” that it is … Continue reading

Days ago I was watching Peter Schiff on Yahoo Tech Ticker. Normally, I find myself in agreement with Schiff. This time, however I disagreed with his comments on the gold stocks. He was saying to buy GDX because the large-cap stocks were priced for a decline in Gold. He also said the speculative juniors were … Continue reading

After outperforming pretty much every asset class, most certainly stocks, and even gold, year to date, the “poor man’s gold” may surge even more. The reason: China may cut silver exports by as much as 40%. As Bloomberg reports: “Shipments may decline from about 3,500 metric tons in 2009, said Feng Juncong, chief analyst at … Continue reading

The outright melt up in most assets has emboldened investors to step in on the long side (finally). I’ve been saying recently that I don’t think it’s the best time to buy either stocks or gold. Objectively speaking, there is way too much bullishness in both asset classes. In fact, I’ve been trying to prepare … Continue reading

With gold and silver going up in price like they are, I spend a lot of time secluded in the Big Mogambo Bunker (BMB), greedily calculating my profit with each little up-tick in price……

Whether you call it a recession, or depression, or deflation, or recovery, for tens of millions of Americans, there’s little difference….

The adjoining Cadillac-Malartic-Val-d’Or gold camps have produced 45M oz gold with more than 50 previous producing mines and 7 currently operating mines….

There has been a great deal of excitement about the recent performances of gold and silver with most analysts extremely optimistic regarding their potential…..

In regards to technical analysis, we usually discuss (in our public commentaries) price patterns, intermarket relationships and sentiment. I can’t remember I wrote something about volume. This may be the first. Volume can be interpreted in a number of ways which can make it less reliable in my opinion. However, in today’s commentary we want … Continue reading

Modest overnight volume by recent norms with a trading range of $6 with seemingly no concerted buying or selling probes unlike yesterday morning’s bungee jump bear trap. Open interest after Friday’s extraordinary volume actually contracted by ~2,000 contracts and patently confirms that shorts continue to cover and that new money is not in the room … Continue reading