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    • Tue Dec 2nd 18:46 PM
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      Rating: 0 0
      Commented on:
      The Coming Dollar Deflation
      <<Even if it that only has a probabilistic relationship with the supply of money, it still has to come from somewhere. >>

      If only. They simply monetize the debt, aka printing money. Treasury sells Treasuries to the Federal Reserve, which creates the money out of thin air. It comes from nowhere. That's why they say a gold-backed currency has a built-in safety valve. With a gold-backed currency, you must have something backing the money.
      View article »
    • Tue Dec 2nd 14:04 PM
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      Rating: 0 0
      Commented on:
      High Premiums on Silver? Better to Buy Gold
      <<Finally, silver is heading for a substantial rally soon. It will be profitable but it won’t go as high as you think it will. Furthermore it will last a matter of months and not years. >>

      What a strange thing to say unless you're a time traveller. How far ahead have you seen, and what else can you tell us?

      Speaking of predictions, have you read *The Black Swan* about the unpredictablity of markets?
      View article »
    • Tue Dec 2nd 13:57 PM
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      Rating: 0 0
      Commented on:
      Don't Give Up on Gold Just Yet
      I haven't lost money in gold. Gold has performed admirably in a horrible environment.

      Even if you bought at $1,000, you'll be very happy with gold over the next few years.

      And, by the way, I'd be surprised if the author actually understood the impact of deleveraging before it occurred. Hindsight is 20/20.
      View article »
    • Tue Dec 2nd 13:50 PM
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      Rating: 0 0
      Commented on:
      The Coming Dollar Deflation
      Mr. Bailey, You are very wrong. Please doubt yourself because gold is going up and the dollar down. You're going to be in a terrible pickle if you're betting on the dollar. Please hedge your bets. Look at the fundamentals. The U.S. is in monumental trouble. I hope the president-elect can ameliorate the situation somewhat--he's a smart man and might change his policies before we go into a disastrous hyperinflation from which there is no return. Please, for the sake of your family, study a little more, such as at Finacial Sense Newshour or Kitco.com.
      View article »
    • Mon Dec 1st 10:58 AM
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      Rating: +1 0
      Commented on:
      Marc Faber Says Time to Buy Gold Exploration Stocks
      He's not the first to make the call if you follow the sector--though I like him. It's a down day, but there are lots of bargains in excellent, well capitalized companies. Go to Kitco.com and start reading press released and researching the companies. What I own that I think will survive: Bravo Gold, Impact Silver, Sabina Silver, Canadian Zinc (silver), Mines Management, Mineras Andes, Everton, Pelangio, and U.S. Gold. I own others that I believe will recover after a while, but I wouldn't suggest them as stocks yet. I'd suggest taking a chance with Northern Dynasty, which is backed by two of the majors plus Mitsubishi and has enormous resources in the ground. It's incredibly beaten down.
      View article »
    • Mon Dec 1st 10:45 AM
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      Rating: 0 0
      Commented on:
      Gold Trade Proves Spectacular to the Upside
      Oops, gold dropped. It's still the only place to be right now, aside from silver, oil, and ag, but jeez, Louise... It's like herding cats. :)
      View article »
    • Sun Nov 30th 10:54 AM
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      Commented on:
      Gold: The Next Reserve Currency Player
      We're certainly at a change point, whatever that means, and whenever that happens.
      View article »
    • Fri Nov 28th 11:26 AM
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      Rating: +1 -2
      Commented on:
      10 ETFs To Be Thankful For
      I don't know, but I bet the only one up for the year will be GLD. We shall see.
      View article »
    • Thu Nov 27th 11:23 AM
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      Rating: +1 0
      Commented on:
      Gold In Backwardation? Not So Fast ..
      Brad, You're joking, right? Who cares about those angels dancing on the heads of pins? Look at the fundamentals.

      CLH, Still wrong, huh? Inflation dead? Shop much? Pay for health insurance, rent, electricity, water...
      View article »
    • Wed Nov 26th 16:58 PM
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      Rating: 0 0
      Commented on:
      The Volatility of Gold
      What hasn't been volatile lately?
      View article »
    • Wed Nov 26th 10:44 AM
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      Rating: 0 0
      Commented on:
      Thanksgiving Has Been Historically Favorable to Gold Price
      Gold is the only thing that's held up for me this year.

      At some point, when the Dubai exchange opens for the precious metals contract trade, the COMEX precious metals exchange will be toast. The COMEX has allowed naked shorts by the--hey, remember the days when we had big banks?

      Why won't Dubai allow the same? Because Moslem law demands honesty. Too bad we didn't use honesty as a standard here.
      View article »
    • Wed Nov 26th 10:38 AM
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      Rating: +1 0
      Commented on:
      Letting the Reinflation Genie Out of the Bottle
      Jim Sinclair says $7.7 trillion. Monetization of the debt means they simply print the money with no real buyers--Treasury sells to the Federal Reserve. 55065, they're doing it because inflation is better than deflation in terms of keeping things going--supposedly. Tell that to people living with a hyperinflation.

      What happens is not less consumption, but more consumption because the cost of everything increases by the hour. You get your money and go spend it immediately on goods before it loses value. Things disappear immediately from the shelves.

      We're past peak in re oil production, so costs will also be out of control due to energy costs. Demand destruction? Not worldwide. And depletion rates are incredible--9.1 percent year over year according to the International Energy Agency.

      Definitely buy precious metals--gold and silver. Gold is the only thing that's held up for me this year.
      View article »
    • Tue Nov 25th 19:33 PM
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      Rating: +1 0
      Commented on:
      Goldcorp: A Shining Star in a Dismal Market
      GG has great resources and not much debt in comparison with some of the other producers. I'm long GG.
      View article »
    • Tue Nov 25th 18:28 PM
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      Rating: +2 0
      Commented on:
      Another Brick in the Wall: the GDP, Gold and Silver
      That's a theory in regard to gold versus silver, Brad, but not one I can believe. Silver and gold run somewhat together but they run differently. At some point silver will begin its own great ascent. But then again, oil is not done for, either. Funny that no one is paying attention to the IEA finding of a 9.1 percent annual decrease in oil production.
      View article »
    • Tue Nov 25th 15:28 PM
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      Rating: 0 0
      Commented on:
      No Silver Lining for Precious Metal Bugs
      Keep studying, Mr. Dividend. Follow this market persistenly and with diligence for a while. Dig deep. Because you haven't done that yet. The reason all this is so much fun and such a great place to focus one's intelligence is that these markets are complex. Personally, I believe the PMs are the only place to be--plus oil and coal.
      View article »