Commentaries

By Joel Bowman 05/27/11 Buenos Aires, Argentina – Speculation is not the same as gambling. As our good friend Doug Casey, a perennial favorite at the Agora Financial Investment Symposium, likes to say, speculation is the act (some might say “art”) of “capitalizing on politically caused distortions in the marketplace.” Consider, for example, the recent … Continue reading

A series of long-term charts suggests to me that we are getting ready for a Gold stock explosion higher that should begin before the summer is over. I am biased due to being rabidly bullish on Gold stocks right now, both intellectually and financially. Please take the following technical analysis smorgasbord with a grain of … Continue reading

Silver has formed a (temporary?) bottom, and looks now headed towards $40-$41. First resistance will be the 38.20% fibonacci retracement level as well as the 50 days Moving Average, which are located near $39. (see second chart below) Next resistance will be found around $41, which is the 50% Fibonacci retracement level and  a Fibonacci Fan … Continue reading

Accounting is backwards looking—as investors, we have to be forward looking. That said, past numbers are usually a good starting point for estimating future earnings. Numbers only tell you part of the story—the reason why the numbers are how they are, is often much more important than the actual numbers. Unless you can understand the … Continue reading

As a general rule, the most successful man in life is the man who has the best information
Pure gold deposits are increasingly difficult to find.

Lately there have been calls for the US to sell some or all of their gold in order to help reduce the debt and budget deficits.

Well, that was fun wasn’t it gang? A huge drop in silver from $49.75 to the $32 ranges after 8 months of rallying from 19 to near 50. A 150% gain in Silver in eight Fibonacci months, sounds like a pretty overbought situation.

You will recall that one year ago we witnessed an epic market glitch called the ‘Flash Crash’, that took market sentiment down from very unhealthy (over bullish) to quite healthy (overly bearish).  You will recall that the blogger had up to that point been managing a pained and laborious Inverted Head & Shoulders in the … Continue reading

In a report released yesterday titled “Multipolarity: The New Global Economy“, that other “bailout” organization, the World Bank, says that due to the developing world’s pronounced greater growth curve through 2025 (expected to grow at 4.7% compared to 2.3% for the developed countries), the outcome will be that “The balance of global growth and investment … Continue reading

Increased volatility seen in silver market in the recent past has reflected in market sentiments, and no wonder that we have received many questions about silver fundamentals and the COMEX margin requirement hike.