Commentaries

 GDX declined by -4.21% while GDXJ declined by -4.20% and SIL declined by -5.17% Here are today’s worst  performing Silver and Gold stocks:

As convincing as this rally has been I am confident this is an ending phase and not the start a new secular bull market. Actually the bear market began last year in May but was temporarily aborted by massive Central Bank printing. Let me explain.

We have written many times before why we believe gold is still in a bull market.

Will Bancroft takes a look at America and the West’s decision to force Iran out of the global payments system, SWIFT, and what these geo-politics mean for investors. Read more to learn if Washington may have stumbled again in its management of the dollar.

GDX declined by -3.22% while GDXJ declined by -4.53%  and SIL declined by -2.05% Here are today’s worst  performing Silver and Gold stocks:

Gold seems mercurial lately sliding up and down causing some gold investors to grey prematurely.

I am not preaching to the converted however most if not all readers will know that the US banking system is in trouble as evidenced by QE1, QE2 and now suggestions of QE3.

Although Gold prices are off their highs of 2011, they still remain at a reasonably high level.

When reviewing the long-term performance of the gold sector in previous TSI commentaries we looked at performance in nominal dollar terms and in gold terms, but as far as we can recall we never looked at performance relative to the broad stock market.

So there was a panicky spike in gold last summer as the herd sought refuge from the euro, which was falling apart as some of its components had a really hard time peddling their legacy of debt. This was going to be the big one as gold was finally going to blast off, better get … Continue reading