Gold Rises Despite Rate Hikes, Finds Support At 50 Day Moving Average

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!One of the most interesting realizations I have gained from studying the financial markets is that success comes from developing a clear set of rules and sticking to them despite the current psychology and tenor of the market. Contrary to…
Read more

Fronteer Gold (FRG) Continues To Expand Long Canyon

There is a growing scarcity of available precious metal mines in the world. The old majors such as Barrick (ABX), Goldcorp (GG), and Newmont Mining (NEM) are facing diminishing reserves in their existing mines. They are mature miners and their pockets are bulging with cheap dollars. Moreover, these majors are competing with the Chinese, Russians, Japanese, and Koreans…
Read more

Reveille for the American Nuclear Industry

A few days ago the French upstaged the US mighty nuclear reactor construction industry under our very noses in broad daylight, making us appear as Homer Simpson napping at the control plant of Mr. Burns’ atomic energy plant in Springfield. Most of the media never mentioned the event. Only one gave it token coverage hidden…
Read more

Is The Chinese Bubble About to Burst?

After QE2, analysts were looking for possible consequences of the Federal Reserve Bank’s actions. What has become apparent is that the Fed has created another bubble in China. Investors globally have transferred devalued US dollars and euros to buy Chinese property and equities. China has had to combat imported inflation with rapidly rising asset prices.…
Read more

Watch Out For A Fake Breakout In Gold And Silver

In my studies of the financial markets, I have found the study of trading tactics to be similar to my studies of military history and sports. In 329 BC, Alexander the Great, in his mid-20s, led his army through the Hindu Kush mountains to Central Asia to expand his empire that covered 1 million square…
Read more

Will Year-End Tax-Loss Selling Have an Impact on Gold, Silver Investors?

What has been completely overlooked or not mentioned during this sizable run up in stock market profits, including the precious metals sector, is the imminent advent of tax-loss selling. Every year around this time, as sure as snow falls in Vermont, more than ever, there are reasons why this unmentioned event is apt to at…
Read more

Uranium Miners Hit New Highs

In 1883, a historic cataclysm of 10 days shook the world and vaporized Krakatoa, an island between Java and Sumatra. An umbrella of ash rose 50 miles high and sent sonic reverberations seven times around the world. Deaths numbered 120,000. Scientists of that time were awed by the magnitude of nature’s forces that were being…
Read more

Russia And China Send Clear Message to Bernanke

When time permits, I like to relax with a good mystery story. One of my favorite masters of the genre is Sir Arthur Conan Doyle, creator of Sherlock Holmes. A few days ago a story appeared on the front page of China Daily that is worthy in emulating the masters great classic: The Dog That Did Not Bark.…
Read more