Monday, November 12, 2012

The Dumb Money Hates Silver

By Peter Krauth

Speculators hate silver… For the past year, the positive silver headlines have been few and far between.Ever since the poor man’s gold peaked near $50 in April of last year, it’s become a despised metal.

Admittedly, it’s been languishing near $27 since early May not far from where it was for the first time – in this bull market – back in late 2010.
But as I’ll show you, right now a number of technical, seasonal, and sentiment indicators are pointing upwards for this volatile metal.

This could well be the critical turning point silver investors have been waiting for. One of these indicators is the resilient price of gold.

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Buy Gold Into the Fiscal Cliff?

From CNBC, FRI 09 NOV 12:

Gold begins to glitter. After breaking below $1,700, gold stages a strong comeback. And is there more pain in store for crude? A look at the trades, with CNBC's Melissa Lee and the Money In Motion traders.

RBA Cuts Growth Forecast for 2013

Australia’s dollar slid versus most of its 16 major counterparts after the Reserve Bank reduced its 2013 growth forecast in its quarterly monetary policy statement.

The Old China Is Not Coming back

Nov. 9 (Bloomberg) -- On today's "The Real Deal," Bloomberg's Michael McKee reports on the Chinese economy and Communist Party Congress. He speaks on Bloomberg Television's "In The Loop."

Investors Are Worried Over Future Taxes

Nov. 9 (Bloomberg) -- Bloomberg's Dominic Chu reports on investor worries of the "fiscal cliff." He speaks on Bloomberg Television's "In The Loop."

Capital Account with Mike Maloney on the Fiscal Cliff

Nov 9, 2012 by CapitalAccount

Sunday, November 11, 2012

Eric Sprott presents to Manhattan Investors at Investorium

click on image to access video

Gold has and always will be treasured

Gold still looks amazing even if it has been buried in the dirt for 2,000 years. I can just image archeologists 2,000 years in the future digging up bundles of US$100 notes or 10 year treasury bonds and exclaiming this box contains cotton trash dust that used to be worth a fortune! (close up of dust falling though presenter's hand as he shakes his head in disbelief).

Nov 10, 2012 by

Even Dmitri is preparing for the coming Apocalypse

Yes Dmitri is back and the Aliens are going to have a very bad day.

Nov 10, 2012 by

On The Edge - Will the next crash be on Bonds?

Nov 10, 2012 by

In this edition of the show Max interviews Michael Panzner from panznerinsights.com. He talks about whether the bond market is in a bubble? If so what are the implications? Michael J. Panzner is a 30-year veteran of the global stock, bond, and currency markets who has worked in New York and London for such leading companies as HSBC, Soros Funds, ABN Amro, Dresdner Bank, and J.P. Morgan Chase.