This time it’s on inflation investing…..
Jordan Roy-Byrne, CMT The various large-cap gold stock indices are readying for a major breakout. As we’ve noted, this isn’t just a breakout through 2008 highs but a breakout through highs dating back to 1980. Yes, there are some gold stock indices like the Barron’s Gold Mining Index and others, which show a 30-year base … Continue reading “How to Invest in Junior Gold and Silver Companies”
Keith Neumeyer, President and CEO of First Majestic Silver joins us to talk about FR’s quarterly results, their outlook and Silver.
Both the gold stocks and Silver had big 3% gains today. As you can see from the chart below, both markets are nearing a test of 2008 resistance. A move past the 2008 highs would be an important breakout. However, it is important to note that in both Silver and various large-cap gold stock … Continue reading “Gold Stocks and Silver Nearing Huge Breakout”
Months ago we wrote about the true causes of hyperinflation. We proceed to expand upon our views as we disagree with the views put forth by John Mauldin, Mike Shedlock and now Jim Rickards who all focus on velocity and/or bank lending as important causes of hyperinflation. The reality is that hyperinflation is first and … Continue reading “Hyperinflation is a Fiscal, not Monetary Phenomenon”
In our last editorial we showed a few charts of our junior gold and junior silver indices. Gold has moved well past its 2008 high and the same has happened with our junior gold index. Silver, at its recovery peak was within 7% off its 2008 high while our junior silver index was 25% off … Continue reading “Silver Stocks Offer Value”
The US Treasury reported that the budget deficit hit $165 billion in July which is actually less than the near $180 Billion in July of 2009. Month to month activity is volatile so it is best to compare single months to previous years and compare several months of data. I looked at the deficit for … Continue reading “US Bankruptcy and Currency Reform Are Inevitable”
I maintain two indices for premium subscribers so that we can better track the junior precious metals sector. These four charts should give you a better idea of the current state of the sector. The first chart shows our junior gold index over the last year. The junior gold index consists of 25 companies, most … Continue reading “Update on Junior Golds and Junior Silvers”
This analysis is a continuation of the UK Debt Forecast article (UK ConLib Government to Use INFLATION Stealth Tax to Erode Value of Public Debt ) on the impact of the new coalition government having effectively hit the reset button on the UK economy to now primarily target a reduction in the £156 billion annual … Continue reading “UK Economy GDP Growth Forecast 2010 to 2015”
Trendsman and Jason Burack discuss yesterday’s news in the Gold market…news out of China and the Kinross buyout of Redback Mining. Listen to the 9 minute clip below…. [ad#300×250 White Text Ad]