This Christmas we are being handed the silver Christmas present. Silver below $30 per ounce produces one of the best opportunities to enter the market in both physical silver and in the silver stocks that we have seen in some time. We should not look this gift horse in the mouth, because in a very short time we will be looking back at silver below [...]
When your country is run by “a community organizer,” who idolizes Hugo Chavez and is doing everything in his power to destabilize the Middle East while running up his own country’s debt at the fastest pace in history, it would be wise for you to learn how to hide your gold from an oppressive government. The least qualified man that is any room has promised [...]
Everything was moving along in the right direction for gold as it was slowly becoming recognized as money that could not be printed, in other words, a real store of value amidst the turmoil of the world financial markets. Then, with very little warning, if you were not paying close attention to the charts and the mood, somebody yelled 1,2,3…GOLD PANIC! There is no doubt [...]
It seems as if no one can predict what is going to happen in the commodity markets from one day to the next. One day its a rush to gold for safety and the next it’s a rush to treasuries or stocks because risk is back in favor. Oil runs to over $100 per barrel and then drops to $82 per barrel. This is part [...]
SilverCorp Metals (SVM) is under attack by short sellers and the question we are left with is: Who Is Telling The Truth? SilverCorp’s shares got slammed for a 10 % loss on Friday, closing at $7.43 per share. There is more to this story than meets the eye and I think that we may be witnessing the opportunity to pick up shares in a quality [...]
Are we witnessing a reoccurring pattern? I think we are and it is a disturbing pattern at best. It seems quite obvious , as I have stated “ad nauseam”, that the Obama regime is in way over its head when it comes to the U.S. Constitution and the free market economy. We are living through the reign of the first ideologically unbending Marxist/Socialist president that [...]
While all attention is focused on the European debt crisis and the U.S. debt ceiling deadline, silver and oil are poised for moves to higher levels. The undercurrent is telling a tale of fiat currencies that are under duress. Gold is knocking on the $1,600 door after having closed Friday at $1,594.10, up $7.10 for the day. Gold has performed steadily during all of the [...]
We are beginning to see the silver lining in the precious metals market. Gold has been in an uptrend since leaving its low in 2000, with one major correction in 2007-’08 due to the financial crisis which brought everything down in the ensuing panic. As is always the case in bull markets, there were corrections along the way, because nothing goes straight up until it [...]
This week has been amazing as the wheels appear to be coming off the fiat currencies around the world. Endeavour Silver Corp, EXK on the AMEX is positioned to take advantage of this trend. I am on record calling for 1,450 gold buy the end of 2010 and I am sticking with that prediction. It does appear, that if anything, I was too low and [...]
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