Category Archives: Precious Metals

The Tidal Waves Of Fear and Greed In Precious Metals

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!With weather beaten gaze the fisherman scans the waters, watches and waits and then at the perfect moment, he casts his line. So we who are anglers for fish of silver and gold study the swirling waters and heave our…
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The “Chianamese Twins” Are Making a Deal

The top officials of the two most powerful nations on earth are to meet today and tomorrow in matters of far-reaching significance. Behind the photo-ops and the speeches there is one basic reality: China and America are joined inseparably at the hip, like conjoined twins. As in all such pairings, each head can have its…
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The Rendezvous Date for Junior Uranium Miners in Wyoming

How did the world-champion chess players take over prime mining land in Wyoming and Texas in a brilliant tactical maneuver? Well, who would’ve thought it? In broad daylight and without a shot being fired, Russians have taken possession of rich American uranium assets. Figuring out how they managed to do this requires the skills of…
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Don’t Be Blinded by Current Equity Market Euphoria

Bill Gross, the PIMCO money manager, to whom it is often worth listening, cautioned this week that our nation's leaders really don't know where they're going. They're mired in the fiscal quicksands of perpetual trillion dollar deficits. I believe, as he does, that there will be more agony ahead after the present euphoria in the…
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Fake Breakout On Gold Signals Caution

He who fights and runs away May live to fight another day; But he who is battle slain Can never rise to fight again. -- Oliver Goldsmith Traders entered the new year exiting their commodity positions on fear of growing austerity measures and possible exit strategies out of Central Bank quantitative easing strategies. There has…
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Gold Rises Despite Rate Hikes, Finds Support At 50 Day Moving Average

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 popular opinion, being successful in the market is not based on how smart you are…
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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…
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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.…
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