S & P downgrades the U.S. dollar and the DOW takes a dive on the news. Standard & Poor’s maintained the country’s top AAA rating, but downgraded the U.S. credit outlook, saying “authorities have not made clear how they will tackle long-term fiscal pressures.” This is just the opening salvo in what will become as [...]
It is time to shut the government down! The sands have moved to the bottom of the hourglass and are about to drop to the bottom of the glass, one grain at a time. We have been saddled with an infantile “Community Organizer In Chief” who will stick to his Marxist/Socialist ideology, while those around [...]
Now it is time for some market musings after what was a really fun week to be trading in gold and silver. Gold and silver performed well last week, but not well enough to confirm extended breakouts. It appears that, once again, gold and silver will consolidate sideways for a while. This may be the [...]
Oil lubricates gold’s move as Mid-East tensions rise. The Mid-East and Northern Africa are aflame while our Pulitzer Peace Prize winning “Community Organizer In Chief” fiddles as our source of oil goes up in smoke. There are so many flash points coming together in the U.S. these days that it is hard to see the [...]
The Community Organizer in Chief presented his budget blueprint for bankruptcy this week and had the nerve to suggest that his budget would bring the deficits under control within 10 years. This from the president who is on track to create more debt in one term than all of the previous presidents combined! How stupid [...]
Once again we find ourselves in the midst of a 20%, or greater, depending on what happens in the next few weeks, correction in the price of gold, so I thought it was time to present some random gold correction thoughts for your consideration. The dire predictions for the collapse of the gold market are [...]
Is Virginia to issue gold ans silver coinage? An interesting question that leads me to point you to the the silver report that I just finished this weekend, “2011′s Silver Lining”, that will be available to you soon, absolutely free on buygoldco.com. Check it out because silver is going to shine in 2011! Now, let’s [...]
Is the gold bull run over? Not by a long shot. This is strictly a short term correction, while the dollar strengthens based on the “recovery” in the U.S. and worries about the debt problems in Europe. When this correction is over, expect to see gold run to between $1,475 and $1,495 per ounce. While [...]
Inflation is having a major influence on gold predictions this year. It is clearly, along with the perilous position of the U.S. dollar, the most influential factor in the future direction of gold and silver prices. Inflation will cause the dollar to decline and gold and silver to rise. They are connected at the hip [...]
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