Ben Bernanke speaks and puts the lie to everything that “The Community Organizer In Chief” has been spouting in this, the beginning of the fourth year of his reelection campaign. Wouldn’t it be great if we had a President that put the country’s needs above his own? Refreshing yes, but don’t count on it, because the establishment Republicans are doing everything that they can to [...]
It is time to pause, inhale and take a good look at what is going on with gold. The last two weeks have been a wild ride that some “pundits” have said spells the end of gold’s bull run. Those are the same uniformed “pundits” that have been calling the end of this bull run ever since gold hit $500 per ounce. You should know [...]
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 [...]
The week ending August 12th launched gold into a whole new phase as gold easily pushed through $1,800 per ounce. Gold closed Friday at $1,746.30 down $21.30 for the day. The usual gang of top callers were immediately out saying that gold had gone to far, too fast , was in a parabolic spike and was showing signs of entering a blow off top. Nothing [...]
Are we in seeing a gold mania? We are not even close to seeing a gold mania. The average investor has not gotten on board investing in gold and gold stocks. When Joe six pack starts investing in gold, then, and only then, will we see a true gold mania. This latest correction from gold’s high of $1,387 is the latest opportunity for investors to [...]
Did George Soros create the “big lie” about $1,500 gold, or is he just manipulating the market as he did with the British Pound? The answer to that question is probably way too complex to definitely flesh out at this time, but the truth is it doesn’t matter which way the chips fall, because George Soros is prepared to profit no matter what came first, [...]
If you keep your eye on the M3 numbers, you will see that the M3 decline equals an inevitable dollar collapse. The Fed in collusion with the government is hell bent on another round of “quantitative easing” which should open the door to hyper-inflation. Get prepared because things are going to get nasty as the M3 decline equals an inevitable dollar collapse. How do we [...]
Some times you have to call things as you see them. Political ideologues are going after your investments. You can either sit back and get sheared or you can wake up and realize that your feel good politics are threatening your way of life. Now might be a good time to take off the blinders because gold’s warning signs are flashing! “Change” is coming and [...]
Is the gold correction over? That is the question of the hour. I will lay out the reasons why I think it may be getting close to the end as I try to answer the question, is the gold correction over? It is important to remember that in just 5 weeks ending in late October 2008, the HUI dropped 57.2% as the metals fell with [...]
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