Silver

This was the week the Federal Open Market Committee decided to start tapering.

By November, the most recent month for which statistics are available, the US Fiat Money Quantity (FMQ) had grown to $12.351 trillion.

Many times in our previous essays we have written that if you want to be an effective and profitable investor, you should look at the situation from different perspectives and make sure that the actions that you are about to take are really justified.

One characteristic of an investment bubble is dramatic upward price acceleration during the final 6-12 months of a long-term advance, followed by a price collapse.

All markets go through cycles.

This video looks at the historical bear markets (together in analog form) for Gold, Silver & the gold stocks. The charts in the video will give you a visual comparison between today’s bear market and those in the past. Plenty more of this type of analysis and chart can be found in our premium service. … Continue reading

Source: JT Long of The Gold Report  (12/13/13) What is holding down the gold price? Fear of the end of quantitative easing? Manipulation by a few big players? Central banks leasing inventories? CPM Group Managing Partner Jeffrey M. Christian says forget about all of that. The bottom line is that demand is down as investors big and … Continue reading

Tiho Brkan: …my opinion continues to be one of caution in the short term and extreme optimism in the long term. Let me explain…

I still remember December 2012 and how petrified CNBC was trying to make people of the fiscal cliff.

Silver led with a gain of 2.5% followed by gold at 1.9%