Uncategorized

It appears that our emails over the past 10 days have been going into the spam folder rather than the inbox. This seems to be the case if you have a gmail address. Please check your spam box and add us to your address book. Go here to fix the problem.

Gold roller coaster seems to go on and on without an end. But what we have seen this week was more of a bungee jumping.

The financial markets have begun 2013 in remarkably similar fashion to how they began 2010, 2011 and 2012.

Governments have refused to accept the necessity of a period of economic re-adjustment following the credit-bubble. The bubble burst about five years ago and economic progress has been effectively suspended ever since. The consequences of this refusal to accept reality are at a minimum to make this adjustment unnecessarily drawn out and needlessly painful, … Continue reading

Despite current weakness in gold (GLD) around the $1650 area we expect a turnaround in gold with a new leg up to $1800 area and eventual breakout at $2000 in 2013.

This morning gold is at a three-week high, and may possibly make its first weekly gain for four weeks, by the end of the day.

SPOT MARKET gold bullion prices traded around $1765 an ounce Tuesday morning in London, 1.8% off last Friday’s seven-month high.

We recall with some nostalgia that it was last year on September 6, that gold hit an all-time high of $1,923.

GDX declined by -1.36% while GDXJ declined by -1.28% and SIL  declined by -0.52% Today’s performing Gold and Silver Stocks:   Today’s Worst Gold and Silver Stocks:

Many metaphors have been used for gold but never to our knowledge has the price of gold been compared to the non-barking dog. (This refers to the Sherlock Holmes story, Silver Blaze and the “curious incident of the dog in the night-time.” Holmes infers that the dog made no noise because the villain was someone the dog knew very well.)