Silver

Briefly: In our opinion short speculative positions in silver (half) and mining stocks
(full) are justified from the risk/reward perspective.

This week gold fell from a high of $1390, achieved late on Sunday night European time, to a low of $1322 last night before rallying $15 on London’s opening this morning.

There is a fascinating story from Robert Peston, the BBC’s business editor about his interview with Hank Paulson, who was the US treasury secretary at the time of the Lehman crisis.

Briefly: In our opinion short speculative positions in silver (half) and mining stocks (full) are justified from the risk/reward perspective.

Here are two charts of our silver producer index, which contains 14 silver stocks and is partially weighted. The index includes household names such as Silver Wheaton, Pan American, Hecla, Couer D’Alene as well as various junior producers. The first chart dates back more than 13 years. The blue line is the 80-week moving average. … Continue reading

Can the gold price be fundamentally related to some other economic variables?

March 16, 2014Inflationbanks, business lending, carry trade, inflation

Gold Stocks & Gold continue to lead while Silver is the laggard. Will it breakout soon?….

Last Monday gold ended a week-long consolidation that saw it fall from $1354 to $1329, before rising strongly to over $1370 yesterday

Briefly: In our opinion short speculative positions (half) in silver and mining stocks are justified from the risk/reward perspective.